Rep. Virginia Foxx (R-NC), chairwoman of the House Committee on Education and the Workforce, released the following statement praising recent executive action by President Donald J. Trump to expand educational opportunities for America’s workers. Read more »
It has been almost three years since the bipartisan Workforce Innovation and Opportunity Act was signed into law, and now it is time for Congress to explore whether or not the included reforms are being turned into action. Read more »
The Subcommittee on Health, Employment, Labor, and Pensions, chaired by Rep. Tim Walberg (R-MI), held a legislative hearing today on proposals to restore balance to federal labor policies.
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Our first subcommittee hearing of the 115th Congress was focused on the need to restore balance and fairness to federal labor policies. This has long been a priority for House Republicans, and today, we are taking the next step in our efforts. Read more »
Members of the House Committee on Education and the Workforce, chaired by Rep. Virginia Foxx (R-NC), will meet this week to consider legislative proposals to promote freedom in the workplace, as well as to discuss the impact of the Workforce Innovation and Opportunity Act. Read more »
Far too many men and women are leaving the workforce without the financial security they need when they retire. In fact, according to a report by the Government Accountability Office, 29 percent of households with individuals over the age of 55 have no retirement savings or traditional pension. Read more »
Introduced by Rep. Phil Roe (R-TN), the Affordable Retirement Advice for Savers Act (H.R. 2823) repeals the Obama administration’s fiduciary rule and protects access to affordable retirement advice for low- and middle-income families. The legislation also establishes a statutory definition of “investment advice” and ensures retirement advisors serve their clients’ best interests. Read more »
Saving for retirement is no easy task. Unfortunately, it’s about to become even harder. That’s because the Obama administration’s flawed fiduciary rule takes effect today. Read more »
The legislation would protect access to affordable retirement advice by overturning the Obama administration’s flawed fiduciary rule while ensuring retirement advisors serve the best interests of their clients. Read more »