The ESOP Association
ESOP Association Resources
Jun. 05
President Trump’s Nominee for Assistant Secretary of Labor and Head of EBSA Signals Major Shift in Dep. Of Labor’s Posture Toward ESOPs During Confirmation HearingDuring his confirmation hearing today, Daniel Aronowitz, President Trump’s nominee to lead the Employee Benefits Security Administration (EBSA) as Assistant Secretary of Labor, signaled a sea change in how the Department of Labor (DOL) views ESOPs under this Administration. EBSA is the chief regulator of ESOPs at the DOL under the Employment Retirement Income Security Act (ERISA).
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Jul. 29
Welcome to the July issue of the ESOP Report. This month we feature a lot of information about employee engagement, growing a culture, and resources to help your ESOP.
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Jul. 21
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.
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