Preston Rutledge, President Trump's nominee to head the Employee Benefits Security Administration at the Labor Department, testified that he believes in the Employee Retirement Income Security Act during his confirmation hearing before the Senate Health, Education, Labor, and Pensions Committee.
"Retirement should not be a partisan issue," Rutledge said in prepared remarks. He currently serves as senior tax and benefits counsel on the Senate Finance Committee, and previously spent a decade as a tax law specialist at the IRS.
He also testified that he believes in the importance of workplace benefits programs, and if confirmed, would work to expand access to retirement, health, and other employee benefits programs.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
