September 25th 2021
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Yesterday, in a 2-1 decision, the Fifth Circuit vacated the fiduciary rule, which was issued by the Obama Administration. The Fifth Circuit found that the Department of Labor had acted arbitrarily and capriciously under the Administrative Procedures Act and the...
President Trump released his budget yesterday, and it proposed sharp reductions in spending for entitlement programs. The budget also included a cut of 19.8 percent in funding for the Department of Labor. Despite decreases in funding to the Department, the budget...
The Department of Labor has once again delayed the implementation of the Obama Administration’s “Fiduciary Rule,” previously slated to take effect on April 10. According to Forbes, the DOL has responded to President Trump’s February 3 executive order to review the...