[Congressional Record Volume 162, Number 67 (Friday, April 29, 2016)]
[Extensions of Remarks]
[Page E642]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                          PERSONAL EXPLANATION

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                            HON. GWEN MOORE

                              of wisconsin

                    in the house of representatives

                         Friday, April 29, 2016

  Ms. MOORE. Mr. Speaker, I was unable to make it to the April 28, 
2016, vote on H.J. Res. 88. If present, I would have voted NO on H.J. 
Res. 88, the resolution to disapprove of the final Department of Labor 
fiduciary duty rule.
  The Department of Labor thoughtfully and carefully crafted the rule 
over five years with the input of thousands of written comments from 
academics, advocacy groups, and industry and the benefit of 4 days of 
field hearings and hundreds of meetings. The final rule will protect 
retirement savers from conflicts of interest that encourage advisors to 
prioritize their financial gain over that of their clients.

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