Biden’s Climate-Friendly 401(k) Rule Unties Hands on Wall Street

| Posted in In The News

By Austin R. Ramsey Workplace retirement plan asset managers stand to gain more regulatory freedom under the Biden administration’s new approach to 401(k) climate change investing, even though the regulation’s immediate effects on actual plan offerings may be less dramatic. A new US Labor Department rule announced last week will let employers consider environmental, social,…

Retirement stock plans — and increasingly, 401(k)s — can use ESG scrutiny: Labor Department

| Posted in In The News

 Rachel Koning Beals Rule is likely to fire up opponents of environmental, social and governance principles — including Ron DeSantis — who have railed against ‘woke capitalism’ The Department of Labor finalized a rule Tuesday that explicitly permits retirement-plan fiduciaries to consider climate change and other environmental, social and governance (ESG) features when selecting…

Rep. Allen to Newsmax: 'It Was Time for a Change' in House Leadership

| Posted in In The News

By Nicole Wells Rep. Rick Allen, R-Ga., told Newsmax on Thursday that, while House Speaker Nancy Pelosi, D-Calif., is "a force to be reckoned with," he thinks she "didn't have any options but to step down" from her position. "Obviously her age has got to be a factor," the Georgia Republican said during an appearance on Newsmax's "American Agenda." "What…

U.S. House approves renaming Decatur veterans facilities after Isakson, Cleland

| Posted in In The News

By Tia Mitchell, The Atlanta Journal-Constitution WASHINGTON — U.S. Department of Veterans Affairs facilities in Decatur will soon bear the names of former Georgia senators who were known as champions of service members. The U.S. House on Thursday approved legislation renaming the Veterans Affairs Medical Center after U.S. Sen. Max Cleland. Minutes later, the House signed off…

Bills to rename Atlanta area VA buildings for Isakson, Cleland pass House

| Posted in In The News

 Jonathan Raymond (11Alive) ATLANTA — Two Atlanta area Veterans Affairs buildings will soon be renamed for former Georgia senators, after the U.S. House passed bills authorizing the renaming of the buildings on Thursday. Those bills will now require only the signature of President Joe Biden for the renamings to officially take effect. The bills will rename the VA…

House Republicans 'surprised' by lack of red wave in midterms, but focused on overall win, subpoena power

| Posted in In The News

Patrick Hauf (Fox News) House Republicans are celebrating their likely majority in the House of Representatives after the midterm elections, but some lawmakers tell Fox News Digital they are still confused about why that there was not a "red wave" on election night as expected. Although Republicans are set to become the party in charge in the House once they clear the 218 seat…

Reps Foxx and Allen Call For Greater OLMS Oversight

| Posted in In The News

By Laborpains.org Team This week, Education and Labor Committee Republican Leader Virginia Foxx (R-NC) and Health, Employment, Labor, and Pensions Subcommittee Republican Leader Rick Allen (R-GA) sent a letter requesting the Government Accountability Office (GAO) review the Office of Labor-Management Standards (OLMS) and its enforcement activities. Labor unions are…

Pharmacy marks golden anniversary with special visitor

| Posted in In The News

National Community Pharmacists Association  Rep. Rick Allen (R-Ga.) visited Phillips Pharmacy in Vidalia, Ga., earlier this month to help the team celebrate the pharmacy's 50th anniversary. While there he spoke with pharmacists Angela Phillips Combs, Rusty Combs, Heather Gourley, and Ashley Willis about pressing issues in pharmacy today including Tricare pharmacy network…

NLRB Offers Several Problematic Policy Changes

| Posted in In The News

Metals Service Center Institute: There have been several pieces of news this month regarding the National Labor Relations Board (NLRB), which is responsible for enforcing the National Labor Relations Act (NLRA). On November 3, the NLRB issued a draft regulation that would rescind changes the Trump administration had made to procedures for union representation elections. The…

HHS Nondiscrimination Proposal on Gender Procedures, Abortions Meets Resistance

| Posted in In The News

 Stephen Miller, CEBS Some conservatives are continuing to oppose a Department of Health and Human Services (HHS) proposed rule that would expand the Affordable Care Act's Section 1557 requirement that most health plans not discriminate on the basis of sex. The expanded definition bars discrimination based on gender identity, sexual orientation and pregnancy termination. The change…

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