Senate Confirms EBSA Assistant Secretary

Posted on December 22, 2017

Senate Confirms EBSA Assistant Secretary

IRI Congratulates Preston Rutledge

WASHINGTON, D.C. – The Insured Retirement Institute (IRI) released the following statement from IRI Senior Vice President and General Counsel Lee Covington in response to the Senate vote confirming Preston Rutledge to serve as the Assistant Secretary of Labor for the Employee Benefits Security Administration.

“IRI was pleased to see the Senate vote yesterday to confirm Preston Rutledge.  We are excited about the prospect and are looking forward to working with Preston to develop and put in place policies which will help to expand access to workplace retirement plans, increase retirement savings, and boost the utilization of lifetime income products. I cannot think of anyone more knowledgeable and passionate about retirement security in America."