The Obama administration approved not just the rule on city retirement plans, but another to help states create retirement plans; the Senate is expected to go after the state rule after the Easter recess.

It may be a forlorn hope, but five Democrats are approaching the president to ask that he not sign a Republican-passed bill that would ban cities from launching retirement plans.

Five Democratic senators, according to a Reuters report, are hoping to prevail over other advice Trump is getting from Republicans to reverse a Department of Labor rule enacted by the Obama administration that would help cities to launch retirement savings plans for low-income private-sector workers.

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