As the newly appointed Speaker of the House, Mike Johnson has been tasked with navigating a complex political landscape in Washington D.C. One of the most pressing issues on the horizon is the fiduciary decision, which is set to be made by the end of his first year in office. The fiduciary decision refers to a proposed rule by the Department of Labor that would require financial advisors to act in the best interests of their clients when providing retirement advice. Johnson, a Republican from Louisiana, has already expressed his opposition to the proposed rule, calling it "misguided" and "burdensome" for financial advisors. In a recent interview, he stated that he would work to repeal the rule if given the opportunity. However, with Democrats controlling the Senate and President Biden in office, such a move would be unlikely in the near future. Instead, Johnson's strategy will likely focus on delaying or weakening the rule through legislative means. He has alrea...