The ESOP Association
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
Dear Leader Thune, Leader Schumer, Chairman Cassidy, Chairman Crapo, Ranking Member Sanders, and Ranking Member Wyden:
On Thursday, June 5th, Secretary of Labor Lori Chavez-DeRemer testified at the House Committee on Education & Workforce about the Department of Labor’s budget request and priorities for Fiscal Year 2026, which begins October 1.
On Thursday, May 15, Jim VandeHei, co-founder of POLITICO and Axios gave a captivating keynote address followed by an insightful conversation with The ESOP As
On March 11, Lori Chavez-DeRemer was officially sworn in as Secretary of Labor. The ESOP Association strongly supported Secretary Chavez-DeRemer’s confirmation because she has a deep understanding of ESOP businesses and the transformative power of employee ownership.
Less than three weeks after being sworn into office, U.S. Secretary of Labor Lori Chavez-DeRemer met with The ESOP Association’s President and CEO, James Bonham, to discuss the Association’s regulatory priorities under the Trump Administration. Chavez-DeRemer had been a strong and vocal supporter of ESOPs while serving in Congress.