Word: boehner
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Dates: during 2000-2009
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...bill's original architects, Democratic senators Mary Landrieu, Joe Lieberman and Evan Bayh, took a few minutes to gloat. Over danishes and coffee they called the bill "revolutionary," "a quantum leap" and "the real thing." Later in the day, President Bush pronounced the reforms "historic" and Ohio Republican John Boehner, who ushered the bill through the House, proclaimed, "These landmark reforms will bring purpose to a federal law that has lost its focus and never met its promise...
...years the Department of Labor, which enforces ERISA, has softened in this area, going so far as to offer guidelines as to how a company might offer 401(k) advice without running afoul of the rules. But now there's a full-on assault, spearheaded by Republican Congressman John Boehner of Ohio, who in mid-June introduced a bill that seeks to remove a company's liability should an employee take bad advice and lose a bundle. If all goes swimmingly, the bill could reach the President's desk by year...
...years the Department of Labor, which enforces ERISA, has softened in this area, going so far as to offer guidelines as to how a company might offer 401(k) advice without running afoul of the rules. But now there's a full-on assault, spearheaded by Republican Congressman John Boehner of Ohio, who in mid-June introduced a bill that seeks to remove a company's liability should an employee take bad advice and lose a bundle. If all goes swimmingly, the bill could reach the President's desk by year...
...Another question is how to police obvious conflicts of interest that arise when a financial-services firm supplies both the 401(k) investment options and advice on where to put your money. A trusting soul might wind up in funds with the highest management fees. The Boehner bill insists on safeguards such as full disclosure. But it wouldn't be hard for an adviser to justify, say, his firm's growth fund over a competitor's. We need advice, but it should come from an independent adviser...
...making it harder for people to declare bankruptcy and wipe out debts, a court action to open wilderness areas to road building and a move to prevent the mechanics union from striking against Northwest Airlines. No longer are lobbyists being told "Later, later, it's coming," says Republican John Boehner, chairman of the House committee that oversees labor-management issues. "We've seen more decisiveness out of Bush in the past 55 days than we've seen out of any President for 15 years...