In today’s edition of The Heartland Daily Podcast, Jesse Hathaway, managing editor of Budget & Tax News speaks with John Berlau. Berlau is a senior fellow at the Competitive Enterprise Institute. Hathaway and Berlau talk about the U.S. Department of Labor’s proposed conflict-of-interest rule, a regulation on retirement investment brokers that would put professional investment advisors out of the reach of millions of investors, and rack up billions of dollars in compliance costs.
Perhaps when Germany’s Chancellor Angela Merkel was a child, she attended a party and was the only one who came without a present, or was wearing inappropriate attire—and the embarrassment she felt haunts her to this day.
Though Rahm Emanuel’s 100 days in office are hardly a basis for comprehensive judgement, the mayor’s support of a new ordinance passed by City Council is disconcerting to investors, community[…]