H. J. RES. 142 aims to overturn a rule made by the Department of Labor. The rule in question defines what it means to be an "Investment Advice Fiduciary" under the "Retirement Security Rule." If this joint resolution is passed, the rule will no longer be in effect. The matter...
Simple Explanation
H. J. RES. 142 is a plan by some government people to stop a rule that says who can give advice about saving money for when people stop working. If they succeed, the rule will not be used anymore.