The Latest Breaking News from Department of Labor

President Joe Biden (D) vetoed the first legislation of his presidency on March 20, 2023. Biden vetoed H. J. Res. 30, a joint resolution of disapproval under the terms of the Congressional Review Act (CRA) that sought to void a Department of Labor rule amending the Employee Retirement Income Security…

ESG investing is inherently apolitical. Investors have a duty to consider all economically relevant and useful information in their investment decisions.

WASHINGTON — Just a small percentage of the at least $60 billion in unemployment payments estimated to be lost to fraud during the pandemic has been recovered, and time is running out to prosecute those who committed the crime.

The Department of Labor says one of the country’s largest cleaning services for food processing companies employed more than 100 children in dangerous jobs at 13 meatpacking plants across the country

Labor department investigation finds Packers Sanitation Services Inc employed children between ages of 13 and 17 in eight states

Workers across this country just got a big boost, and from an unlikely source: the Department of Homeland Security. How’s that?

Twenty-five states announced on January 26 that they had filed a lawsuit against the Biden administration alleging that, in their view, the Department of Labor’s new rule allowing for the consideration of ESG factors in Employee Retirement Income Security Act (ERISA)-governed retirement investments increased portfolio risk and violated the law:

A group of 25 Republican attorneys general sued Labor Secretary Marty Walsh and the Labor Department over a Biden administration regulation that gives retirement plan sponsors more freedom to consider environmental, social and governance factors when selecting investments.

Republican state attorneys general are trying to block a Labor Department rule easing the path for investors to consider ESG criteria.