Lawmakers took Labor Secretary Hilda Solis to task Wednesday over how the DOL’s recrafting of its fiduciary rule is progressing—specifically how the department is collaborating with the Securities and Exchange Commission, the timing of the reproposed rule, and the rule’s inclusion of individual retirement accounts (IRAs).

Solis testified before the House Committee on Education and The Workforce on Labor’s 2013 budget and the agency’s priorities.

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