Greedy & shady financial advisors will be held accountable
| 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, Last year, the Department of Labor proposed the "Retirement Security Rule," which would make it illegal for financial advisers to give clients advice that goes against the client's best interest. Senior citizens are vulnerable and often lose their retirement funds to shady financial advisers with bad intentions — the overall impact of these scammy practices amounts to tens of billions of dollars annually, and it's unacceptable. Hardworking Americans who contributed to our economy for decades deserve to enjoy their retirement and trust that their funds are protected. Still, rich lobbyists and millionaire Republican members of Congress are fighting the implementation of this new and vital protection using the Congressional Review Act (CRA) — they're doing everything they can to enable shady financial advisers to continue to deceive seniors 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 Retirement Security Rule — stand up for seniors, not shady financial advisers! Thank you for taking action. Democratic Values | | Paid for by Democratic Values PAC Democratic Values PAC
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