ICI Welcomes Sonderling Nomination

Washington, DC; June 30, 2026—Today, Investment Company Institute (ICI) President and CEO Eric J. Pan released the following statement after President Trump nominated Acting Labor Secretary Keith Sonderling to lead the Department of Labor (DOL).

“ICI congratulates Keith Sonderling on his nomination to lead the Department of Labor. As Acting Labor Secretary, he has proven to be an effective leader on important policy initiatives including the DOL proposal to expand investment opportunities in retirement plans for American workers. We look forward to his swift confirmation by the Senate and to working closely with him to protect Americans' retirement savings and improve opportunities for working- and middle-class investors.”