Sen. Lamar Alexander, R-Tennessee, chairman of the Health, Education, Labor and Pensions Committee, sent a letter co-signed by 35 other Republican Senators urging Labor Secretary Thomas Perez to extend the 75-day comment period on the agency's proposed fiduciary rule to 120 days.
The letter comes after 18 Democrats in the House of Representatives and nine Democrats in the Senate sent separate letters last week requesting an extension as well.
The 75-day comment period, set to end July 6, "is not an appropriate amount of time," wrote Alexander and the Senate Republicans, who also noted the mounting bipartisan support to extend the comment period.
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