A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to "Retirement Security Rule: Definition of an Investment Advice Fiduciary".

Bill: 118-sjres-79
Sponsor: full_name: Sen. Budd, Ted [R-NC]
Introduced: 2024-05-15
Policy area: Finance and Financial Sector
Latest action: action_date: 2024-05-15
text: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Summaries:

tv_txt: IIA 118th CONGRESS 2d Session S. J. RES. 79 IN THE SENATE OF THE UNITED STATES May 15, 2024 Mr. Budd (for himself, Mr. Cassidy , Mr. Marshall , Mr. Manchin , Mr. Cramer , Ms. Ernst , Mr. Hagerty , Mr. Wicker , Mr. Crapo , Mr. Risch , Mr. Lankford , Mr. Grassley , Mr. Barrasso , Mrs. Blackburn , Mr. Braun , Mr. Daines , Mr. Cornyn , Mr. Tuberville , Mr. Scott of South Carolina , Mrs. Britt , and Mrs. Capito ) introduced the following joint resolution; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions JOINT RESOLUTION Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to Retirement Security Rule: Definition of an Investment Advice Fiduciary .

That Congress disapproves the rule submitted by the Department of Labor relating to Retirement Security Rule: Definition of an Investment Advice Fiduciary (89 Fed. Reg. 32122 (April 25, 2024)), and such rule shall have no force or effect.