Resolution Overturning the Investment Advisors' Conflict of Interest Rule

May. 24, 2016 | H.J.Res. 88
This resolution of disapproval blocks a Department of Labor rule that would have required investment professionals advising on retirement accounts to put their clients' best interests ahead of their own financial interests. The resolution passed the House and Senate, but was vetoed by President Obama.

This is Bad for working people.

Vote result: Passed

YEAs: 56
NAYs: 41

Legislator State Party Sort descending Vote
Sen. Robert Menendez
NJ
Democrat No
Sen. Richard J. Durbin
IL
Democrat No
Sen. Tom Udall
NM
Democrat No
Sen. Joe Donnelly
IN
Democrat Yes
Sen. Angus King
ME
ID ID No
Sen. Bernard Sanders
VT
ID ID Not Voting
Sen. Steve Daines
MT
Republican Yes
Sen. Thom Tillis
NC
Republican Yes
Sen. John McCain
AZ
Republican Yes
Sen. Ted Cruz
TX
Republican Not Voting
Sen. John Thune
SD
Republican Yes
Sen. Michael D. Crapo
ID
Republican Yes
Sen. Tom Cotton
AR
Republican Yes
Sen. Dan Sullivan
AK
Republican Yes
Sen. John Cornyn
TX
Republican Yes
Sen. Mike Lee
UT
Republican Yes
Sen. Bob Corker
TN
Republican Yes
Sen. Richard C. Shelby
AL
Republican Yes
Sen. James Lankford
OK
Republican Yes
Sen. Susan Collins
ME
Republican Yes