The Congressional Record is a unique source of public documentation. It started in 1873, documenting nearly all the major and minor policies being discussed and debated.
“PERSONAL EXPLANATION” mentioning the U.S. Dept of Labor was published in the Extensions of Remarks section on pages E642 on April 29, 2016.
The publication is reproduced in full below:
PERSONAL EXPLANATION
______
HON. GWEN MOORE
of wisconsin
in the house of representatives
Friday, April 29, 2016
Ms. MOORE. Mr. Speaker, I was unable to make it to the April 28, 2016, vote on H.J. Res. 88. If present, I would have voted NO on H.J. Res. 88, the resolution to disapprove of the final Department of Labor fiduciary duty rule.
The Department of Labor thoughtfully and carefully crafted the rule over five years with the input of thousands of written comments from academics, advocacy groups, and industry and the benefit of 4 days of field hearings and hundreds of meetings. The final rule will protect retirement savers from conflicts of interest that encourage advisors to prioritize their financial gain over that of their clients.
____________________
