Republicans seem to be trying to starve the U.S. Securities and Exchange Commission of the resources it needs to police the sale of investment products, Rep. Gary Peters said today at the fiduciary standard hearing.

Republicans on the House Financial Services Committee teamed with insurance agent groups Tuesday to attack U.S. Securities and Exchange Commission (SEC) efforts to apply a uniform fiduciary standard to investment product sales.

Digging in for a bruising struggle, Republicans on Congress' powerful deficit-fighting "supercommittee" targeted Social Security and government health care spending Tuesday while Democrats pressed for higher tax revenue as part of any deal to reduce red ink by at least $1.2 trillion over the next decade.

Hispanics have the lowest rates of life insurance ownership compared to whites and African Americans, claims a new study released today by the LIFE foundation and LIMRA.