Inhofe Votes to Stop Burdensome DOL Retirement Rule

WASHINGTON — U.S. Sen. Jim Inhofe (R-Okla.) today voted for H.J. Res 67, a Congressional Review Act (CRA) resolution of disapproval, which nullifies a Department of Labor (DOL) rule on certain government-run retirement plans. This measure passed the Senate.

Without this CRA, private sector workers would have been forced onto government-run retirement plans. These plans that are not subject to the same standards as privately-run plans and in turn employees are granted fewer protections and safeguards than if they were covered by their employers. I am once again pleased that my colleagues and I are taking appropriate steps to dismantle the top-down, bureaucratic rules that the Obama administration imposed on the American people.”