Sen. Patty Murray, D-Washington, a relatively obscure face during the long run-up to today’s release of the Department of Labor’s fiduciary rule, was the first Democratic lawmaker to fire a preemptive shot against Republicans hoping to reverse the rule.
“We are not going back,” said Murray at at the Center for American Progress, which hosted an event announcing the rule’s release.
Several Democrats followed, sending not-so-subliminal messages to Republicans on Capitol Hill who have vowed to fight to the rule’s ultimate implementation.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
