• Affordable Retirement Advice for Savers Act
    Jun 9, 2017  - BACKGROUND: Far too many men and women are leaving the workforce without the financial security they need when they retire. In fact, according to a report by the Government Accountability Office, 29 percent of households with individuals over the age of 55 have no retirement savings or traditional p... More
  • Affordable Retirement Advice for Savers Act Bill Summary
    Jun 9, 2017  - Introduced by Rep. Phil Roe (R-TN), the Affordable Retirement Advice for Savers Act (H.R. 2823) repeals the Obama administration’s fiduciary rule and protects access to affordable retirement advice for low- and middle-income families. The legislation also establishes a statutory definition of “inves... More
  • Foxx Statement on the Fiduciary Rule
    May 23, 2017  - Rep. Virginia Foxx (R-NC), chairwoman of the House Committee on Education and the Workforce, issued the following statement in response to Labor Secretary Alexander Acosta’s decision to allow the fiduciary rule to take effect June 9, 2017: The last administration inflicted a lot of pain on workers, ... More
  • Protecting America’s Students, Workers, Teachers, & Retirement Savers
    May 19, 2017  - Rolling back the regulatory onslaught of the Obama administration has long been a priority for House Republicans. Through the Congressional Review Act, the House and Senate passed — and President Trump signed — 14 resolutions to repeal harmful Obama-era regulations. Members on the House Committee o... More
  • To Protect Retirement Savers, Committee Members Urge DOL to Further Delay Flawed Fiduciary Rule
    Apr 17, 2017  - Republican members of the House Committee on Education and the Workforce, chaired by Rep. Virginia Foxx (R-NC), are urging the Department of Labor (DOL) to further delay implementation of the fiduciary rule, which would force low- and middle-income families to pay more for retirement advice and mak... More
  • Foxx Statement on the President's Address to Congress
    Feb 28, 2017  - Rep. Virginia Foxx (R-NC), chairwoman of the House Committee on Education and the Workforce, issued the following statement in response to President Trump’s address to a joint session of Congress: Tonight the president outlined a positive vision for our country, one that reflects the renewed hope a... More
  • ICYMI: New Opportunities to Help Students, Workers, and Job Creators
    Feb 16, 2017  - By Rep. Virginia Foxx (R-NC) What a difference an election can make. Across the country, there is renewed hope and confidence in the future. Expectations are high, as they should be. Now it’s time to do the hard work necessary to live up to those expectations. For eight years, families and small bu... More