Trump issued a Memorandum (FR Doc. 2017-02656) to “reconsider” the Obama administration’s “Definition of the Term “Fiduciary”; Conflict of Interest Rule—Retirement Investment Advice, 81 Fed. Reg. 20946 (April 8, 2016),” specifically, “You are directed to examine the Fiduciary Duty Rule to determine whether it may adversely affect the ability of Americans to gain access to retirement information and financial advice.”

Memorandum of February 3, 2017 – Fiduciary Duty Rule

We saw what directives to examine something goes, i.e., DAPL and KXL.  Here, it’s been in the federal courts, where the courts are upholding the Fiduciary Duty Rule.

What’s the Fiduciary Duty Rule?  It means that financial planners have a fiduciary duty to their clients, and must put their interests first, i.e., put them first over the planner’s financial interest in pushing business one way or another considering their remuneration for their services, commissions, etc.

tRump thinks the Fiduciary Duty Rule is a bad thing!  How does he justify this?  He doesn’t have to.  With a stroke of the pen, he knocks it down (probably not understanding this, either!).

But here comes another federal court decision where Obama’s Fiduciary Duty Rule was challenged, and the court upheld the Rule:

US court upholds Obama-era retirement advice rule

Good!  tRump’s position is a loser, again.  tRump, retract this Memorandum!

Send the White House a missive (CONTACT PAGE HERE!) requesting the Fiduciary Rule Memorandum be retracted before he suffers yet another embarrassing court decision!

Here it is, the Court Order:

17-35105_Upholds Restraining Order

Tell the White House what you think of tRump’s Executive Order 13769 Muslim Ban:

https://www.whitehouse.gov/contact

FRIDAY UPDATE:  Court Order Halting tRump Immigration Action — Washington A.G.

From Geekwire – Press Conference on courthouse steps

Written ruling “soon.”  Looking forward to that Order — covers the parts they challenged, the Constitutionally of parts 3 and 5, per AG’s Office.

On Monday, Washington State’s Attorney General, Bob Ferguson, filed a Complaint in federal court challenging the constitutionality of tRump’s Executive Order 13769, and a Motion for a Temporary Restraining Order to stop enforcement of this Order.  Several jurisdictions have filed for, and received, restraining orders regarding particulars of that Executive Order, but this Washington State filing was the first generally challenging the Constitutionality of the Executive Order.

Thank you, Washington State, for posting these pleadings:

Motion for Temporary Restraining Order as Filed

Complaint as Filed

And  just a bit ago, Minnesota’s Attorney General Lori Swanson joined our state with Washington State in suing Trump.

Read the Complaint, it’s a delight, particularly because it quotes from tRump’s campaign page where he lays out his intent to stop Muslim immigration — and it’s still posted on his site as of earlier today — what an idiot:

AG Lori Swanson (with Taffy, above) had this statement today:

Attorney General Lori Swanson Joins Lawsuit Over Federal Executive Order

Minnesota Attorney General Lori Swanson has joined a lawsuit against the federal government that alleges that the January 27, 2017 Executive Order that imposes blanket entry restrictions to the United States for people from certain countries is unconstitutional.

Attorney General Swanson said: “It does not pass constitutional muster, is inconsistent with our history as a nation, and undermines our national security.” She added: “America can keep its people safe without sacrificing bedrock constitutional principles.”

The Attorney General joined the lawsuit filed earlier this week by Washington State, which is supported by major corporations concerned about the impact of the travel ban on the economy and their employees. The lawsuit alleges that the Executive Order violates the equal protection, establishment, and due process clauses of the United States Constitution and the federal Immigration and Nationality Act of 1965, which prohibits discrimination in the issuance of visas on the basis of nationality, race, or place of birth or residence.

The lawsuit alleges that the Order is overbroad in imposing a blanket travel ban on people from certain countries “and sweeps within its ambit infant children, the disabled, long-time U.S residents, those fleeing terrorism, and those who assisted in the United States in conflicts overseas” who do not pose a security risk.

The lawsuit describes the impact of the travel ban on people with a lawful right to be in the United States, such as parents and their children, students with valid student visas, and scientists and other employees with valid work visas, who either cannot leave or return to the United States under the Order and some who have been separated from family. The lawsuit also describes the chilling effect of the Order on recruitment for employers and academic institutions.

Four different federal judges have temporarily halted certain detentions under the Executive Order.

There’s at least one, and I believe 2, federal court hearings today on tRump’s Executive Order 13769, the one banning refugees and immigrants from 7 countries, the one that has left people detained at airports, prohibited to get on plans, people who have been thoroughly vetted over 2+ years, people who have green cards, people who are LEGAL immigrants to this country.  One would think that with the scrutiny surrounding this Executive Order, they’d be cautious.  Nope.  They’re not.

Norway’s former Prime Minister, Kjell Magne Bondevik, was detained!  His passport noted the 2014 visit, he was a speaker at a human rights conference.  His passport was a diplomatic passport, and said that he was a former Prime Minister of Norway.

Former Norway PM held at Washington airport over 2014 visit to Iran

Former PM Bondevik’s detention should be sufficient to get even the most reticent Norwegians sanding stoically in the streets!

Meanwhile, the long slow process of taking this administration down piece by piece has begun.  May this be the beginning of the end of the tRump administration.  So much damage and it’s only been two weeks.

Screenshot from Trump’s campaign site — it’s posted HERE — Donald J. Trump Statement on Preventing Muslim Immigration (still up!?!?!):