There's a fight in Congress over a new rule that would save Americans an estimated $17 billion a year.

最近，美国国会正在为一项新规定吵得面红耳赤。这项规定估计每年将为美国人节约170亿美元。

The fiduciary¹ rule would require brokers² to act in the best interest of clients who are saving for retirement³. Brokers would no longer be allowed to push their clients into high-fee funds just because the fund paid them.

这条信托规定，要求经纪人的行为必须符合存储退休金客户的最大利益。经纪人不能仅仅因为收受报酬，就说服客户购买高收费基金。

The Obama administration thinks that Americans could save more for retirement if their brokers weren't allowed to rip them off. The Financial Services Roundtable, a lobbying organization representing banks that oppose the rule, disagrees. It argues that we can fix the problem of Americans not saving enough money if Americans start saving more money -- 10 percent of their income, to be specific.

奥巴马政府认为，如果禁止经纪人剥削他们的客户，美国人就能存储更多的退休金。一家代表银行的游说机构——美国金融服务圆桌组织（FSR）则表示反对。它认为，如果美国人开始存款（具体的说，是收入的10%），存款不足的问题就解决了。

That's an objective, not a policy. But never fear, the FSR has a plan to promote savings⁴: Giving away free pizza to 100 people in Washington, D.C. The group handed out the free pies at an event last week promoting an initiative called "save-a-slice." You're supposed to "save a slice" of your income for retirement. Get it?

这是目标，不是政策。但不用担心，FSR还有一套鼓励存款的政策：在华盛顿特区免费给100个人发披萨。上周，这家组织就在“存一点”计划的宣传现场免费发放了馅饼。你应该为了退休后的生活，“存一点”你的收入。明白？

Or maybe you'd like enter a contest and win $10,000 from the FSR by submitting a video explaining how you plan to save 10 percent of your income.

要么你就参加FSR的比赛，拍一段视频，说说你准备怎么把10%的收入存起来。奖金是1万刀！

"Don't want to spend your retirement eating cat food on toast, win $10,000," for creating a video about it, a promo for the contest intones.

“不想退休后就着面包吃猫粮？来赢取你的1万刀吧！”这是本次比赛的宣传口号。

FSR does have some good ideas -- making retirement plans at companies that offer them automatically enroll⁵ employees, for example -- but its big idea is unrealistic. Middle-class incomes have fallen over thelast 15 years, so it's unlikely that regular people have more money to save. The American savings rate, currently just above 5 percent, hasn't been at or above 10 percent for any sustained period in the last 35 years.

FSR有些想法确实不错——例如，企业制定退休计划，从而自动招收员工——但并不现实。中产阶级的收入在过去15年内降低了，因此普通人不可能有更多的钱要存。美国的存款利率目前才是5%多一点。过去35年里，从未稳定在10%之上。

And telling Americans to save more for retirement while trying to stop a rule that would keep Americans saving for retirement from getting swindled by high-fee funds they don't need is exactly the sort of conflicted advice that costs investors⁶ billions.

而告诉美国人多储蓄退休金，却不允许规则来防止他们被高收费的基金诈骗，简直就是自相矛盾，最后来买单的还是投资者。