The ESOP Association looks forward to working with President Joe Biden and his incoming Administration to make employee ownership available to the vast majority of privately employed Americans. The ESOP Association believes that employee ownership strengthens our free enterprise economy, increases productivity through greater employee participation and satisfaction, and maximizes human potential by enhancing self-worth, dignity, and the well-being of working Americans.
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TEA Statement on the Incoming Biden Administration
TEA Statement on the Incoming Biden Administration
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The July 2025 ESOP Report is now available for all our members.
ESOP ReportPress Releases
September 04, 2025
Newly Released Regulatory Agenda Officially Includes Top Association Priority
Today the Office of Information and Regulatory Affairs (OIRA) within the Office of Management and Budget (OMB) released its Spring 2025 Unified Agenda of Regulatory and Deregulatory Actions, which includes the congressionally mandated rule for adequate consideration, as prescribed by the WORK Act. The Department of Labor (DOL) will now conduct a formal rulemaking, which includes a public comment period.
Washington Alerts
August 06, 2025
Senate Appropriations Committee Includes Funding for Employee Ownership Initiative in FY26 Labor, Health and Human Services, Education, and Related Agencies Funding Package
On July 31, the U.S. Senate Committee on Appropriations passed the Fiscal 2026 Labor, Health and Human Services, Education, and Related Agencies (LHHS) Appropriations Act in a strongly bipartisan vote of 26-3.
Press Releases
July 30, 2025
Senate HELP Committee Unanimously Passes ESOP Association Legislative Priorities
The Senate Committee on Health, Education, Labor & Pensions (HELP) today unanimously passed a package of legislation consisting of several priorities of The ESOP Association.
ESOP News
July 28, 2025
Baker Roofing Company Marks 110 Years With Transition to 100% Employee Ownership
Baker Roofing Company, one of the nation's largest and most respected commercial roofing contractors, today announced it has become 100% employee-owned through the launch of an Employee Stock Ownership Plan (ESOP).
ESOP News
July 28, 2025
Playing With House Money: New Lawsuits Fault Fiduciaries for Failing to Gamble With Employer Contributions
A plaintiff-side law firm recently filed seven class action lawsuits challenging the way in which ESOP fiduciaries invest employer contributions held in what is commonly called an ESOP’s other investment account (“OIA”).