Browsing Tag
Department of Labor (DOL)
512 posts
The U.S. Department of Labor (DOL) is a cabinet-level federal agency that focuses on the welfare of American workers. It’s responsible for enforcing labor laws, promoting safe working conditions, and ensuring fair employment practices. The DOL also oversees programs related to unemployment benefits, job training, and workplace safety.
SEC Publishes Final Guidance on Reg BI
The latest bulletin comes after Rep. Byron Donalds accused the SEC of considering to rewrite the Reg BI in a new letter
DOL’s Lifetime Income Illustration Flaws Will Back Sponsors into a Corner
By mandating Illustrations that don’t provide a proper estimate of future retirement income, James Kavanagh argues the DOL has created a dilemma for plan sponsors
Texas Judge Rejects Biden Request to Transfer ESG Suit
The DOL had previously argued that none of the plaintiffs resided in district where the lawsuit was filed
House GOP Fails to Override Biden ESG Veto
The Republican-led House failed to meet a two-thirds majority vote that would override President Biden's first veto
DOL Reopens Comment Period for QPAM Exemption
The DOL says "at least one interested party" may have additional information to provide to the Department
Biden Veto Preserves Labor Department’s ESG Final Rule
First veto of Biden presidency—backed by American Retirement Association—is unlikely to be overridden by Congress, meaning new rule allowing retirement plans to consider environmental, social and governance factors would stand
DeSantis Forms 19-State Alliance in Latest ESG Attack
The Florida governor accuses the Biden Administration of threatening retirement security in a joint statement with 18 other governors
Senate Strikes Down DOL ESG Rule
The Senate voted 50-46 to block the Department of Labor’s ESG rule that would allow plan fiduciaries to invest retirement accounts in sustainable factors
House Approves Measure Blocking DOL ESG Rule
The CRA now advances to the Senate, who may vote as early as Wednesday on the resolution
Biden to Tap Julie Su as DOL Secretary
With almost two decades of experience, Su is the current deputy secretary of labor and is a long-time advocate for workers' rights