Sessions to President: Delay Fiduciary Rule Immediately

Statement

U.S. Congressman Pete Sessions (R-TX), Chairman of the House Committee on Rules, released the following statement after sending a letter to President Trump urging him to act swiftly on the Fiduciary Rule issued by the Department of Labor:

"Today I asked President Trump to immediately announce a delay of Obama's fiduciary rule. This misguided rule was yet another example of the Obama Administration's one-size-fits-all approach to governing that allowed unelected bureaucrats to make decisions without fully taking into consideration the impact it would have on American families and businesses. Now that we have a President who is committed to rolling back the flawed regulations of the Obama Administration I believe we must use this opportunity to appropriately address the shortcomings of this ruling.

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