washington three u.s. democratic senators friday raise concern possibility president donald trump administration permanently shelve fiduciary rule aim prevent broke recommend inappropriate retirement investments senior democrat senate committee oversee pension washington patty murray two party liberal star advocate rule cory booker elizabeth warren write newly confirm labor secretary alexander acosta report look way freeze rule make stick early month national association plan advisors cite acosta say seek long-term freeze meet republican senator tim scott south carolina add constant communication white house recognize urgency situation group say blog post cite communication scott office scott spokeswoman michele exner tell reuters know two discuss meet acosta say anything communication cite labor department spokeswoman jillian rogers say would ask acosta currently germany conversation permanently paralyze rule department priority approve last year former president barack obama democrat rule intend ensure financial advisers put clients interest first protect consumers buy unnecessary investment products line broke pocket heavily criticize wall street republicans potentially raise cost investment advice rule face rocky time become effective trump last month delay enactment date originally april 10 60 days trump also order review rule instead meet stakeholders consider multiple point view appear prejudge outcome review senators write copy letter see reuters say analysis accompany rule release find conflict interest would cost save retirement 17 billion annually warn steep legal standards labor department would meet justify delay substantially revise rescind rule senators raise alarm shelve retirement advice rule