The ESOP Association
Daniel Aronowitz, Assistant Secretary of Labor and the head of the Employee Benefits Security Administration (EBSA), today testified before the House Education and Workforce Committee in a hearing about EBSA’s priorities.
Funding for Grant Program a Longstanding Priority of The ESOP Association
On January 15, 2026, the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) officially ended the National Enforcement Project against ESOPs, an initiative that began in 2005.
The U.S. Senate today passed an omnibus appropriations package which includes a joint explanatory statement directing $2 million in funding for the Employee Ownership Initiative (EOI) grant program at the Department of Labor (DOL).
The U.S. House of Representatives today passed The Consolidated Appropriations Act, 2026 (H.R.
Today the DOL’s Employee Benefits Security Administration (EBSA) ended the ESOP National Enforcement Project, a 20-year effort by the Department that began in 2005. The National Enforcement Project against ESOPs promoted a targeted enforcement approach by EBSA that led to increased enforcement resources and scrutiny.
During Confirmation Hearings, Aronowitz Pledged to “End the War on ESOPs” at DOL, EBSA