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Here's What's Happening Here at the White House
 
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DAILY SNAPSHOT
Monday, February 22, 2015

 
 
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Protecting Your Savings

Today, the President is announcing major actions to update the rules in place to protect you and your retirement savings.

Under our current system, financial advisors can accept a back-door payment or hidden fees for directing you toward a retirement plan that's not in your best interest. On average, these conflicts of interest cost Americans $17 billion in total losses every year.

That's why the President is directing the Department of Labor to crack down on this kind of behavior.

Check out this quick explainer video and see what the President is doing to help.

The President's New Action to Protect Your Savings


 
 
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  Today's Schedule

All times are Eastern Time (ET)

9:00 AM: The Vice President delivers remarks to the National Association of Counties (NACo) annual Legislative Conference

10:00 AM: The President and the Vice President receive the Presidential Daily Briefing

11:10 AM: The President and the Vice President deliver remarks to the National Governors Association

12:00 PM: Press Briefing by Press Secretary Josh Earnest

12:30 PM: The President and the Vice President meet for lunch

2:05 PM: The President delivers remarks WATCH LIVE

5:15 PM: The President participates in an Ambassador Credentialing Ceremony

 

 

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