On Tuesday, February 24th, the House Education and Labor Committee will begin a series of hearings “to explore the shortcomings of our nation’s retirement system and look at solutions to ensure that Americans can enjoy a safe and secure retirement after a lifetime of hard work.” According to the announcement, the purpose of the first hearing on Tuesday is to “examine how the current economic crisis has highlighted existing weaknesses in the 401(k) retirement savings system.” You can listen to the hearings live via the link on this page.
Plan Adviser has more here.
See also this article from the Washington Post: “Senate Weighing New Rules for Retirement Funds.”