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DOL Retirement Unit Needs 'Major Turnaround,' Nominee Says
News June 06, 2025 at 10:20 AM
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What You Need To Know
- Daniel Aronowitz, President Trump's nominee to be assistant secretary of Labor, testified before the Senate HELP Committee Thursday.
- He vowed to provide regulatory clarity to Labor's fiduciary rule "as applied to IRA rollovers."
- The Fifth Circuit has given Labor until June 16 to decide how it will proceed with the fiduciary rule appeal cases.
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