Innovation and entrepreneurship are at the heart of the American Dream, and small businesses make that dream a reality for so many individuals. As the country’s primary job creators, small businesses employ more than 56 million Americans and play an integral part in the country’s much-needed—albeit slow—economic recovery. Unfortunately, the administration continues to issue misguided and harmful r... Read more »
President Obama spent the past few months taking a victory lap on the economy and trying to convince the American people that the country is on the right track. In fact, the president recently declared the economy is "pretty darn great” and any arguments to the contrary are just “fantasy.” But then came word that the economy is growing at its slowest rate in two years—an abysmal 0.5 percent—a trou... Read more »
Helping children access nutritious meals has long been a national priority. That’s why House Republicans have introduced H.R. 5003, the Improving Child Nutrition and Education Act of 2016, to strengthen nutrition assistance for children, families, and taxpayers. Introduced by Early Childhood, Elementary, and Secondary Education Subcommittee Chairman Todd Rokita (R-IN), the bill will ensure states,... Read more »
Five years ago, when the Department of Labor first issued an extreme proposal to rewrite the rules governing investment advice, House Republicans made a commitment to workers and small businesses—that we would do everything in our power to protect access to affordable retirement advice. And we’re following through on that commitment. After five years of raising bipartisan concerns with a controver... Read more »
Every day, 78 Americans die from an opioid overdose, and every 25 minutes, a baby is born suffering from opioid withdrawal. These are just two of the shocking consequences of a growing epidemic destroying communities and families across the country. They’re also two of the reasons why the House is working to combat opioid abuse. This week alone, House committees are considering more than a dozen b... Read more »
The Department of Labor will soon unveil new changes to federal overtime rules, and people across the country are raising concerns. Leaders at non-profit organizations are among those sounding the alarm on a rule that will raise costs, make it harder for workers to advance, and limit their ability to provide important services in their communities. In fact, at a field hearing in Lansing, Michigan,... Read more »
For seven years, the Obama administration has pursued a concerted effort to advance the interests of union bosses at the expense of hardworking Americans. The latest ploy in this Big Labor agenda? A rule from the Department of Labor (DOL) that will undermine the rights of both workers and employers when it comes to union elections. This regulatory scheme—known as the “persuader rule”—imposes onero... Read more »
In a recent editorial, the Washington Post recognizes the harmful effects of the administration’s “fiduciary” proposal. Writing on a rule crafted behind closed doors, the Washington Post confirms: The fiduciary rule would inevitably abolish some number of business relationships certain people might accept; instead of possibly conflicted, but still “suitable,” advice, they would get none, or perhap... Read more »
The Department of Labor has spent years crafting a regulatory proposal that would make it harder for low- and middle-income workers to plan and save for retirement. So some may be perplexed by a new effort underway at the department—one that’s hardly been noticed and casts fresh doubts over the department’s attempt to curtail access to affordable retirement advice. The department announced it woul... Read more »
For months, the Department of Labor has been working behind closed doors on a regulatory proposal that will make it harder for low- and middle-income families to save for retirement. And for months, bipartisan concerns regarding the department’s “fiduciary” proposal have fallen on deaf ears. Most recently, nine House Democrats wrote to the Office of Management and Budget (OMB)—where the rule is cu... Read more »
