Washington, D.C. partner Bradford Campbell testified before the House Committee on Education and the Workforce’s Health, Employment, Labor, and Pensions Subcommittee on May 18. The congressional hearing was titled, “Regulatory Barriers Facing Workers and Families Saving for Retirement.”
In his testimony regarding the DOL fiduciary regulation, Brad called for delay of the rule and criticized the economic analysis used to justify the regulation. Another witness was Dr. Jason Furman, former head of President Obama’s Council of Economic Advisors and an architect of that economic analysis. This was Bradford’s fourth congressional testimony on the fiduciary rule. James Kais of Transamerica and Erik Sossa of PepsiCo, Inc. also testified.
Brad’s testimony was covered by several news outlets including InvestmentNews and BenefitsPro.
View Brad’s testimony. [Beginning at 54:30]
Read "Furman, Campbell square off on fiduciary rule before House committee." [BenefitsPro]