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Labor secretary nominee Acosta will follow Trump’s direction on DOL fiduciary rule

Questioned by Sen. Warren about the regulation, Alexander Acosta said, if confirmed, he will carry out executive orders from 'my boss.'

In a confirmation hearing before the Senate Health, Education, Labor and Pensions Committee on Wednesday, Secretary of Labor nominee R. Alexander Acosta said if confirmed he would support President Donald J. Trump's directions to review the fiduciary rule, which is slated to take effect April 10.

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