Will the federal government's plan to reinstate ‘fiduciary rule’ hurt underserved communities?

Today on “The Hard Question,” Blanquita Cullum is joined by Mario H. Lopez, president of the Hispanic Leadership Fund, an advocacy organization that promotes liberty, opportunity, and prosperity for all in public policy. He says the federal government is working toward reinstating “fiduciary rule” that would hurt underserved communities. Hispanic and Black families typically earn less than others, and their employers are less likely to offer 401(k)s or other retirement savings plans. In fact, nearly two-thirds of Hispanic families and more than half of Black families don’t have any form of retirement savings account. The federal government move to impose rules that could hurt the ability of many Americans to save for their retirement could be devastating. Visit "The Hard Question" show page: www.studiocchicago.com/the-hard-question