Reps. Roe, Foxx Issue Statements on Circuit Court of Appeals Ruling
March 16, 2018
March 16, 2018
WASHINGTON, March 16 -- Reps. Phil Roe, R-Tennessee, and Virginia Foxx, R-North Carolina, chairwoman of the House Education and the Workforce Committee, issued the following statements after the 5th Circuit Court of Appeals vacated the Obama-era fiduciary rule, which is a regulation that limited retirement savers' access to affordable financial advice and cost American families an estimated $17 billion a year:
"The fiduciary rule has been a disaster since day one, which is why . . .
"The fiduciary rule has been a disaster since day one, which is why . . .