"Last year, President Obama’s labor secretary, Thomas Perez, successfully issued the fiduciary rule to ensure that financial advisers provide advice that is untainted by conflicts of interest. The rule is scheduled to go into effect next month."
"It’s estimated that current and future retirees lose $17 billion each year thanks to advisers who are not acting in our best interests." Source--EPI.
#45 and GOP are nulling graph 1 so that graph 2 keeps happening.