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The ESOP Association

ESOP Association Resources

Jul. 21
Congress Takes Concrete Steps to Support Employee Ownership
Yesterday the House of Representatives passed H.R. 8294, a package of six fiscal year 2023 federal appropriations bills. The six-bill package includes the FY 2023 Financial Services and General Government funding bill, whose related agencies like the Small Business Administration have regulatory oversight of some ESOP-related issues, and which includes provisions that will directly impact ESOPs and employee ownership in America.
Dec. 01
Washington Alert: ESOP Supporter Joins Biden's Council of Economic Advisors
Economist Jared Bernstein has been selected to serve on by President-Elect Joseph Biden’s Council of Economic Advisors. Bernstein previously served as the chief economist to Biden during his tenure as Vice President in the Obama Administration.  For ESOP companies, the move is particularly good news because Bernstein is very familiar with ESOPs and the benefits they provide.