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“We are going to keep pushing for this rule” despite industry opposition, Obama said. (Photo: AP)
“We are going to keep pushing for this rule” despite industry opposition, Obama said. (Photo: AP)
Obama Endorses DOL Fiduciary Redraft, Girds for Fight

“If you want to give financial advice, you have to put your clients’ interest first,” Obama said Monday, blasting “backdoor payments” and high fees.