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Senator Kamala Harris, a Democrat from California, speaks during a press conference at Howard University in Washington, D.C., U.S., on Monday, Jan. 21, 2019. Harris said Monday she'll pursue the Democratic presidential nomination in 2020, a decision announced with deliberate symbolism on Martin Luther King Jr. Day that cuts to the heart of a potentially history-making candidacy. Photographer: Zach Gibson/Bloomberg Sen. Kamala Harris, D-Calif. (Photo: Zach Gibson/Bloomberg)

Presumptive Democratic presidential candidate Joe Biden’s pick to be vice president, Sen. Kamala Harris, D-Calif., recently joined other lawmakers in telling Labor Secretary Eugene Scalia that the department’s final rule and fiduciary prohibited transaction exemption “are not in the best interest of retirement savers.”

Harris joined Sen. Elizabeth Warren, D-Mass., as well as Sen. Patty Murray, D-Wash., and House Financial Services Committee Chairwoman Maxine Waters, D-Calif., in telling Labor to rework the fiduciary rule.

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Melanie Waddell

Melanie is Washington Bureau Chief, Investment Advisory Group. She also covers regulatory and compliance issues. Her column, The Playing Field, appears in Investment Advisor and on ThinkAdvisor.com, and she also writes the briefing and produces the podcast, Human Capital. Earlier in her career, Melanie covered financial issues at American Banker/Thomson Media publications in Washington and New York. You can reach her at [email protected] On twitter: @Think_MelanieW

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