Tag: white
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White House memo confuses Wall Street on fate of fiduciary rule
WASHINGTON/NEW YORK (Reuters) – Conflicting signs from the White House have left brokerage firms and lobbyists unsure whether a controversial rule governing retirement advice will ever be put in place, but they are taking no chances and complying anyway. President Donald Trump's Friday memorandum ordered the Labor Department to review the so-called “fiduciary” rule, which…
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White House says it sees a path to approval of Pacific trade deal
The White House said on Monday it could still win congressional approval of the Trans-Pacific Partnership trade pact before President Barack Obama leaves office, and warned that failing to do so would undermine U.S. leadership in the region. “The president is going to make a strong case that we have made progress and there is…