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Delaney joins Obama, Warren in announcing White House retirement proposal
Delaney joins Obama, Warren in announcing White House retirement proposal

WASHINGTON -- Rep. John Delaney, who spent a career in financial services before running for Congress, joined President Barack Obama on Monday in calling for tougher regulations on brokers who help people plan for retirement -- offering his endorsement of a plan that is unlikely to sit well with some on Wall Street. The Potomac Democrat, who is in his second term, spoke alongside U.S. Labor Secretary Tom Perez and Massachusetts Sen. Elizabeth Warren of Massachusetts before Obama announced the regulations during a speech at the AARP's headquarters in Washington. Delaney, who founded and led a bank in Chevy Chase called CapitalSource before first running in Maryland's Sixth...

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