Perez: DOL Continues Fiduciary Redraft Outreach

Think Advisor

The Department of Labor continues to “reach out to stakeholders” regarding the redraft of its rule to amend the definition of fiduciary under the Employee Retirement Income Security Act so that DOL can “understand with granularity” what the “nature of the problem is and what the nature of various stakeholders’ concerns are” regarding the rulemaking, Labor Secretary Thomas Perez told reporters after his speech at the National Press Club in Washington on Monday.

Sen. Alexander wants to suspend rule that could threaten in-home care

By Lurah Lowery, tricities.com

U.S. Sen. Lamar Alexander, R-Tenn., renewed his call today on the Department of Labor to suspend its rule that significantly changes the overtime exemption for companionship care, which would increase costs for Tennessee seniors and individuals with disabilities who rely on non-medical caregivers for help with daily activities.

New federal rules will disrupt care for disabled Kansans, state officials say

By Dave Ranney, hayspost.com

A state official charged with overseeing Medicaid-funded services that help people with disabilities live in community-based settings rather than in nursing homes said Tuesday that coming changes in federal wage and hour rules are likely to increase costs, reduce access to care and give beneficiaries less say in deciding who will provide their care.

Sen. Thune Introduces Bill to Combat Union Corruption

By Carl Horowitz, National Legal & Policy Center

If sunshine is the best antidote to corruption, then Senator John Thune, R-S.D., must be opening a lot of windows. Last Wednesday, July 30, Sen. Thune unveiled the Union Transparency and Accountability Act (S. 2688), a measure that would require greater transparency in the information labor organizations report to the Department of Labor.

Financial Transparency Critical to Combatting Union Corruption

By Senator John Thune, Black Hills Pioneer

From political targeting at the Internal Revenue Service to secret wait lists and delayed care at the Department of Veterans Affairs, the Obama presidency has been riddled with crises of misinformation and mismanagement at the highest levels of the administration. Despite these missteps, the president and White House continue to hail this administration as the “most transparent” in history.