Happy Friday, readers! We learned this week that the retirement
plan advisory industry will have to wait even longer to see a Department of
Labor Secretary first questioned and then either confirmed or denied by the U.S.
Senate. You’ll likely have heard by now that President Trump’s first pick
couldn’t get enough support to actually win the job—even from a Senate
controlled by Republican allies—leading to a last-minute withdrawal for the
nominee just before his confirmation hearings were set to start. Find below our
initial coverage of the new nominee, Alex Acosta, along with the week’s other