Ernst Fights to Halt DOL's Misguided Fiduciary-Only Mandate
May 15, 2024
May 15, 2024
WASHINGTON, May 15 -- Sen. Joni Ernst, R-Iowa, issued the following news release:
Biden's Department of Labor (DOL) recently published a final fiduciary ruling that would harm retirement account owners and their preferred advisors by creating unnecessary red tape and limiting consumer choice. To stand up for Iowans, U.S. Senator Joni Ernst (R-Iowa) joined U.S. Senator Ted Budd (R-N.C.) to block DOL's mandate.
"During a time of economic uncertainty, with Americans g . . .
Biden's Department of Labor (DOL) recently published a final fiduciary ruling that would harm retirement account owners and their preferred advisors by creating unnecessary red tape and limiting consumer choice. To stand up for Iowans, U.S. Senator Joni Ernst (R-Iowa) joined U.S. Senator Ted Budd (R-N.C.) to block DOL's mandate.
"During a time of economic uncertainty, with Americans g . . .