In his testimony before the House subcommittee on Health, Employment, Labor and Pensions, Secretary of Labor Thomas Perez reiterated his commitment to finalizing a workable fiduciary rule.
Doing so will require continued input from a broad range of stakeholders, said Perez, in order to "operationalize" the uniform fiduciary standard laid out in the DOL's proposal.
Perez's leadership has been a welcomed improvement, as demonstrated by a continued willingness to work with the Committee on Education and Workforce on a range of issues, according to subcommittee member Rep. Joe Courtney, D-Connecticut.
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