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ARTICLE · 17 JULY 2024

This Week From The Hill (July 14 – 20, 2024)

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On July 10, the House Education and the Workforce Committee passed, 24-18, a Congressional Review Act ("CRA") resolution (H.J. Res. 142) to overturn the Department of Labor's final fiduciary rule.

United StatesConsumer Protection
Michael Kreps
Michael Kreps
Diana McDonald
Diana McDonald
Ryan Temme
Ryan Temme
Kevin Walsh
Kevin Walsh
Brigen Winters
Brigen Winters
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Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing, or another hot-button matter.

On July 10, the House Education and the Workforce Committee passed, 24-18, a Congressional Review Act ("CRA") resolution (H.J. Res. 142) to overturn the Department of Labor's final fiduciary rule. The resolution next heads to the House floor, where Republican control of the chamber makes it likely to pass. Whether the resolution then passes in the Senate will depend upon the votes of a small number of members. In any event, President Biden is expected to veto any final CRA resolution that passes both houses of Congress.

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