I spoke with the White House on the Presidential Memorandum on the Fiduciary Duty Rule. Here’s what I said...
President Trump signed a Presidential Memorandum on February 3rd asking the Department of Labor to reconsider the Fiduciary Duty Rule in its current state. Senior Managing Director Kris Tower was one of two advisors invited to speak with the White House Office of Management and Budget regarding the Presidential Memorandum on the Fiduciary Duty Rule.