News | 10.09.19
Warren Vows to Resurrect Obama-Era DOL Fiduciary Rule
Sen. Elizabeth Warren (D-MA) vows to restore the Labor Department's vacated fiduciary rule if she is elected president. In a 14-page labor manifesto, Warren states that as part of her plan to defend worker pensions and other retirement savings, she will restore the rule, which "the Trump administration delayed and failed to defend in court, so that brokers can't cheat workers out of their retirement savings.” As to workplace retirement plans, Warren pledged to examine reforms to laws ERISA and the National Labor Relations Act so that “they do not pre-empt positive experimentation by states and municipalities around issues of economic security and worker benefits."
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