What better way to generate state revenue than by tapping into the trillion-dollar private employee retirement plan industry. (Photo: Getty)

There’s a difference between an ideologue and a politician. One fights for a cause and the other causes a fight. I’ve always viewed Phyllis Borzi more of an ideologue than a politician. As a result, regardless of your political leanings, I think she deserves respect.

She is someone who is to be admired. I believe she fought earnestly and honestly for a pure fiduciary rule. Like President Trump, she wasn’t afraid to upset the right people. In that way, she was a selfless advocate for the best interests of retirement savers. Unlike others, she wasn’t taken in by the industry’s spurious arguments.

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