The ESOP Association

ESOP Association Resources

Feb. 28
Welcome to your February issue of the ESOP ReportThis month we've packed the report with tons of articles and news about ESOPs that you won't want to miss!
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Feb. 27
The U.S. Senate Committee on Health, Education, Labor & Pensions (HELP) today voted to advance Lori Chavez-DeRemer’s nomination for Secretary of Labor to the full Senate. The HELP Committee approved Chavez-DeRemer’s nomination in a bipartisan vote of 13-9, with Democratic Senators Maggie Hassan (NH), John Hickenlooper (CO), and Tim Kaine (VA) voting in favor and Republican Senator Rand Paul (KY) opposed. Her nomination will now advance to the full Senate where a vote could come as soon as next week. 
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Feb. 12
President Donald Trump today nominated Daniel Aronowitz, President of Encore Fiduciary and a leading expert with thirty years of experience on fiduciary issues, to be Assistant Secretary of Labor for the Employee Benefits Security Administration (EBSA) at the U.S. Department of Labor. If confirmed, Aronowitz would be the lead regulator for ESOPs at the Department of Labor, as EBSA is tasked with administration and enforcement under ERISA. 
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Feb. 11
The ESOP Association, the only comprehensive national trade association representing businesses owned fully or partially by an Employee Stock Ownership Plan (ESOP), launched a targeted paid media campaign this week in support of Lori Chavez-DeRemer’s confirmation to be Secreatary of Labor. The campaign will be sustained through her confirmation vote.
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Aug. 28
Welcome to your August issue of the ESOP Report

This month we've packed the report with tons of articles and news about ESOPs that you won't want to miss!

 
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Aug. 23
Inside this issue


Recap of TEA National Conference 2024 - Advocacy Day
Palmer-Donavin - Chapter Company of the Year
Cinnamon King- Chapter Employee- Owner of the Year
Meet Your OH/KY Chapter Officers
New Member Spotlight
Thank Our Sponsors


Read the full issue >>
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Aug. 02
The Senate Committee on Appropriations has passed several provisions that support employee ownership and ESOPs in the Fiscal 2025 Financial Services and General Government Appropriations bill. All three provisions were included in the Small Business Administration (SBA) portion of the Appropriations Committee report accompanying the bill text, which provides instruction and direction from Congress to Federal agencies about their budget, goals, and initiatives. The full Committee approved the funding package in a unanimous 27-0 vote. 
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Aug. 01
The Senate Committee on Appropriations has directed $2 million to fund the grant program of the Department of Labor’s Employee Ownership Initiative in the Fiscal 2025 Labor, Health and Human Services, Education, and Related Agencies Appropriations bill. The full Committee approved the funding package on a strongly bipartisan 25-3 vote.
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