Trump’s DOL Pick

President Trump has announced his new choice to lead the Department of Labor (DOL) as Lori Chavez-DeRemer, a congresswoman from Oregon. The DOL pick has important implications for both the standards governing independent contractor status and investment advice fiduciary status. Both sets of rules have been revamped under the Biden administration’s DOL, yet are facing significant legal challenges in federal court.

We asked two professors and authors of ALM’s Tax Facts with opposing political viewpoints to share their opinions about Trump’s pick to head the DOL.

Below is a summary of the debate that ensued between the two professors.