In the Margins

Senate votes to kill DoL fiduciary rule

May 25, 2016

By InvestmentNews

The Senate on Tuesday approved a resolution to kill the Department of Labor's fiduciary rule. The Senate passed the measure, 56-41, with three Democrats voting in favor. The Republican-led House passed the resolution last month with only GOP votes. President Barack Obama has promised to veto the resolution. Read the original story from InvestmentNews.