Lawmakers Advance Two Measures to Kill DOL Fiduciary Rule

News July 10, 2024 at 04:20 PM
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What You Need To Know

  • A Congressional Review Act resolution now moves to the full House.
  • The House Appropriations Committee also approved a bill that would prevent Labor from using any funds to implement or enforce the rule.
  • Labor's rule represents a reckless overreach by the Biden administration, according to Rep. Virginia Foxx.
Photo illustration of Labor Department with President Joe Biden and Acting Labor Secretary Julie Su