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The Latest Breaking News from Department of Labor

Biden weighs in on the battle for the soul of Wall Street. Here’s how the president’s first veto will shape the way Americans’ money is managed

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

Fortune

Guatemalan family fears deportation after 13-year-old daughter found working in Nebraska meat packing plant

Local service providers say children at the heart of probe fell out of view after the investigation

The Independent UK

Biden taps Julie Su to lead Labor Department

WASHINGTON — President Joe Biden said Tuesday that he would nominate Julie Su, the deputy secretary of labor and the preferred choice of the Congressional Black Caucus, to become secretary of the Department of Labor.

Tribune News Service

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House to vote this week on Department of Labor’s ERISA/ESG rule

Fox News reported on February 24 that the U.S. House will vote this week on a measure opposing the Labor Department’s rule allowing ESG consideration in ERISA-governed retirement funds:

Ballotpedia

After they won their wage theft cases, they waited years to get paid. Some still wait

PHILADELPHIA — Two years after his boss shorted him thousands of dollars in pay for his construction work, Marcos Tlacopilco won in court.

The Philadelphia Inquirer

Why scammers who stole billions in unemployment benefits may get away with fraud

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.

Los Angeles Times

Meat plant cleaning service fined $1.5M for hiring minors

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

The Independent UK

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Over 100 children illegally employed by US slaughterhouse cleaning firm

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

The Guardian - US

Commentary: Workers’ voices just got stronger — thanks to DHS

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

Tribune News Service

States sue Biden administration over ESG in retirement plans

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:

Ballotpedia

GOP attorneys general sue Labor Department over ESG rule

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.

Tribune News Service

GOP attorneys general sue Labor Department over ESG rule - Roll Call

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

Roll Call

States sue Biden administration over ESG in retirement plans

As the new Republican House majority prepares to push back against ESG investing, some House Democrats have launched their own ESG-related caucus to counter Republicans’ efforts:

Ballotpedia

How hospitals exploit volunteer labor

The U.S. health system benefits from potentially more than $5 billion in free volunteer labor annually

Salon

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Tribune News Service

Hospitals’ use of volunteer staff runs risk of skirting labor laws, experts say

MOUNT PLEASANT, South Carolina — Most of the 30 volunteers who work at the 130-bed, for-profit East Cooper Medical Center spend their days assisting surgical patients — the scope of their duties extending far beyond those of candy stripers, baby cuddlers, and gift shop clerks.

Tribune News Service

American Airlines fined for retaliating against flight attendant over cabin fumes

The U.S. Department of Labor says that American Airlines discouraged flight attendants from reporting work-related injuries and illnesses and docked attendance points for complaining about jet fuel fumes leaking into aircraft cabins.

Fortune

A Chick-fil-A that paid workers with sandwiches instead of actual money was just fined by the Department of Labor

“Payment must be made in cash or legal tender,” noted the Labor Department after penalizing the offending Chick-fil-A.

Ballotpedia

Republicans map out their agenda on ESG and antitrust

The Republican Party’s majority in the House of Representatives will take office in January, and some members and committees have already started laying out their ESG agendas for the new Congress. Among those are members of the Judiciary Committee, who have indicated that they would like to understand better how…

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Ballotpedia

Sixth Circuit finds constitutional flaw in ARPA Tax Cut Ban

The Checks and Balances Letter delivers news and information from Ballotpedia’s Administrative State Project, including pivotal actions at the federal and state levels related to the separation of powers, due process, and the rule of law.

Axios

Dept. of Labor ESG rule targeted by GOP Congressmen

The move is one of many steps top conservatives are taking to dismantle financial ESG policies.

WEKU

McDonald's franchise owners are caught violating child labor laws

Santonastasso Enterprises broke the law when more than a 100 teens were asked to work too many hours or too many late shifts, according to the Department of Labor.

Fortune

HP, Aon, and Liberty Bank are piloting a new apprenticeship program to help fill the finance talent pipeline

Launched by the American Institute of CPAs and the U.S. Department of Labor, the program is for all career levels.

Los Angeles Times

Michael Hiltzik: Thinking of putting crypto in your 401(k)? Think twice

The federal government has some advice for workers contemplating adding bitcoin or another cryptocurrency to their retirement holdings: Don't.

The Guardian - US

Tesla’s construction workers at Texas gigafactory allege labor violations

Whistleblowers claim constant hazards, onsite accidents and wage theft while working on the manufacturing facility in Austin

Tribune News Service

Recession odds are up to 65% — here’s how a downturn could affect you

Recessions are more than just a slowing economy, volatile stock market and a bad spell of data. Behind the numbers and jargon are real people — and real livelihoods at stake.

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