11 Senators Unite on Resolution to Protect Retirement Tax Incentives
With fiscal cliff negotiations putting tax incentives for retirement savings potentially on the chopping block, 11 senators have voiced their support for the employer-based retirement system by joining forces on a Sense of the Congress resolution.
Fiduciary Rule Proposal Prompts Senator to Call Meeting With DOL
A day after lawmakers told the EBSA to repropose its controversial rule amending the definition of fiduciary under the Employee Retirement Income Security Act (ERISA), Sen. Kay Hagan, D-N.C., said Wednesday that her office plans to meet with both Borzi and Secretary of Labor Hilda Solis to discuss the fiduciary...
Debt Ceiling Deal Has ‘Huge’ Momentum, Says Corker, a Top GOP Senator
Sen. Bob Corker, R-Tenn., said Wednesday there is ‘huge momentum building on both sides of the aisle’ to pass a legislative package that not only raises the debt limit, but includes deficit reduction measures to avoid a ratings downgrade for the United States.