Campaign donations and special‑interest lobbying heat up Albany budget debates

📰 Original title: Albany’s influence wars

🤖 IA: It's clickbait ⚠️
👥 Usuarios: It's clickbait ⚠️

View full AI summary: https://killbait.com/en/campaign-donations-and-special-interest-lobbying-heat-up-albany-budget-debates/?redirpost=ccb5dd12-df67-40bd-8e16-94d754c7822a

#politics #albany #campaigndonations #insurancelobbyists

Campaign donations and special‑interest lobbying heat up Albany budget debates

📰 Original title: Albany’s influence wars

🤖 IA: It's clickbait ⚠️
👥 Usuarios: It's clickbait ⚠️

View full AI summary: https://killbait.com/en/campaign-donations-and-special-interest-lobbying-heat-up-albany-budget-debates/?redirpost=ccb5dd12-df67-40bd-8e16-94d754c7822a

#politics #albany #campaigndonations #insurancelobbyists

#InsuranceLobbyists block #federal crackdown on costly [good] #retirement advice

The #FinancialServicesIndustry has blocked the #Biden admin from requiring #brokers to put #retirees’ needs first — above lucrative #commissions.

To protect older Americans’ #LifeSavings, #POTUS #JoeBiden pledged in Oct to crack down on #financial advisers who recommend #investments just because they pay higher commissions. Then the insurance industry got to work.

#law
https://www.washingtonpost.com/business/2024/08/11/insurance-lobbyists-block-fiduciary-rule/

Insurance lobbyists block federal crackdown on costly retirement advice

The financial services industry has blocked the Biden administration from requiring brokers to put retirees’ needs first — above lucrative commissions.

The Washington Post