Leaders Blog

The campaigns are done, the voting is over, and the results are becoming clear. Donald Trump will return to the White House as the 47^th President of the United States. Republicans will also control the Senate with at least 52 seats. Races determining which party controls the House of Representatives have yet to be decided (and may not be for some time).

We are proud of NAIFA alumni who fared well yesterday. Austin Scott (R-GA), Brad Schneider (D-IL), and Monica De La Cruz (R-TX) were re-elected to the House of Representatives. Montana Insurance & Securities Commissioner Troy Downing (R-MT) is a newly elected first-term Representative. Former NAIFA members in the Senate, Tim Scott (R-SC) and Mike Rounds (R-SD), were not on the ballot this cycle and continue to serve in the upper house. As past members of our association, all of these lawmakers understand our industry and the great work NAIFA members do. 

NAIFA Webinar: A Conversation About the Courts
August 8 | 12 pm eastern

A federal court has granted a stay in the lawsuit NAIFA, several NAIFA chapters, ACLI, and other partners filed to stop the Department of Labor from implementing its fiduciary-only rule. The stay means the DOL rule will not go into effect in September, giving the court more time to consider NAIFA's lawsuit. Furthermore, the court stated that NAIFA's lawsuit is "virtually certain to succeed on the merits." 

Join us for an important webinar that will explain what the stay means for financial professionals and your clients. Our panelists will also discuss other recent court rulings, including Supreme Court decisions overturning the Chevron Doctrine (Loper v. Raimondo), sidestepping the constitutionality of taxing unrealized income (Moore v. US), and narrowing buy-sell agreement tax benefits (Connelly v. United States). 

Summer is no time for us to take our foot off the pedal when it comes to NAIFA advocacy efforts. Last year, NAIFA members held more than 135 meetings with members of Congress and their staff in their home districts during the annual summer Congressional recess.