This financial protection for seniors is at risk!
| Democratic Values is dedicated to supporting candidates who stand strong on their Democratic principles and stand up to the MAGA far-right extremists tearing apart our country. If you really want to receive only our most urgent emails, click here. If you'd like to stop receiving these messages, you may unsubscribe. |  | | Jason, In 2023, President Biden's administration introduced a new rule that would make it illegal for financial advisers to give clients advice that goes against the client's interest. This law would protect vulnerable Americans from shady financial advisers with bad intentions who aim to pocket deceptive fees at their clients' expense. Rich lobbyists and our millionaire members of Congress are now working to overturn this new protection using the Congressional Review Act (CRA) — they're doing everything they can to enable shady financial advisers to continue to deceive their clients for profit! Join us and sign our petition to demand Congress protect this safeguard. The fiduciary rule introduced by Biden's administration requires that retirement advisers provide advice in the client's best interest, regardless of their loyalties to financial security schemes or insurance companies. This rule is a net win for the everyday American: requiring financial advisers to make recommendations in the savers' best interest could increase retirement savings return by as much as 1.2% per year. By retirement, this could add up to 20% more savings — that's tens or even hundreds of thousands of dollars per middle-class saver that will no longer be lost to junk fees or predatory charges. Unfortunately, too many of our lawmakers are deep in the pockets of financial advisors and insurance companies, so they're willing to overturn this fiduciary rule to protect their interests. Click below to call on your members of Congress and demand that they protect the Fiduciary Rule — stand up for hardworking Americans, not shady financial advisers! Thank you for taking action. Democratic Values | | Paid for by Democratic Values PAC Democratic Values PAC
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