Want a taste of what makes Washington, D.C., such a dismal embarrassment today? Then read Ron Johnson's letter to Labor Secretary Thomas Perez.
Johnson, a Republican from Wisconsin who just took over as chair of the Senate Homeland Security and Governmental Affairs Committee, is known for being relentless, something we can maybe use when it comes to dealing with militant Islamic groups.
But he has now expanded his portfolio. Johnson, it appears, has been recruited by Wall Street interests to help them forestall the issuance of the DOL's recrafted conflict of interest rule, the one that would impose fiduciary standards on commissioned brokers.
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