washington fast food executive andy puzder president-elect donald trump choice head labor department could position undermine agency new rule retirement advice long oppose financial industry puzder publicly comment fiduciary rule due go effect april glimpse 401 plan offer employees cke restaurants may provide clue philosophy plan less generous fast food competitors accord data analysis brightscope inc research company rat 401k plan 2015 cke opt match retirement contributions plan participants accord labor department data plan also carry high-fee investments low participation generally score bad many rival even notoriously high-turnover low-benefit fast-food industry accord brightscope cke plan suggest puzder bring industry-friendly perspective office say mike alfred manage director brightscope rank jack box mcdonalds yum brand inc. spokeswoman cke privately hold company own operate fast food chain include carl jr. hardee refer question member trump transition team spokeswoman transition team immediate comment plan could sign cke chief executive officer puzder seek delay even potentially support reverse fiduciary rule confirm new position senate rule require retirement advisers put clients interest ahead eliminate conflict interest lead broke recommend investments get high commission fee apply 401 type plan well privately-held individual retirement account financial sector oppose rule say may drive cost get good retirement advice leave consumers access few products company already put money get ready change broke compensation plan much money already invest financial firm may wish see reverse say barbara roper director investor protection consumer federation america slam dunk reverse course say puzder want take action rule quick move could delay implementation labor department securities exchange commission consider comparable rule investment advisers take another look one way delay could entail decline enforce rule rule likely get delay cowen company research analyst jaret seiberg write note clients thursday puzder sound like type individual would supportive fiduciary duty regime trump adviser anthony scaramucci skybridge capital pledge repeal rule already jeopardy several financial trade group include chamber commerce file lawsuits kill republican members congress gun repeal may able muster enough vote without fear veto trump become president missouri republican rep. ann wagner chief architect bill would largely derail fiduciary rule friday praise trump plan nominate puzder look forward work andy next year repeal fiduciary rule say statement progressive group support rule vow fight survival plan try highlight populist appeal everyday americans thing try ... make incredibly clear anyone vote wrong side put corporate america american public say lisa gilbert director public citizen congress watch division closely follow issue retirement plan offer trump pick puzder shed light labor rule