DOL Floats Fiduciary Rule To Replace One Scalia Helped Kill

By Emily Brill (June 29, 2020, 5:17 PM EDT) -- The U.S. Department of Labor proposed a new fiduciary rule Monday to replace regulations shot down by the Fifth Circuit two years ago after current Labor Secretary and then-Gibson Dunn partner Eugene Scalia successfully challenged the policy on behalf of the U.S. Chamber of Commerce.

The DOL said ethics attorneys cleared Secretary Eugene Scalia to work on a newly proposed fiduciary rule, after he helped challenge a previous fiduciary rule as a private attorney. (AP Photo/Paul Sancya)

U.S. Department of Labor officials confirmed that Scalia, who as a private attorney at Gibson Dunn & Crutcher LLP successfully argued for the death...

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