Regulatory reform

The department's proposal furthers efforts to undo the controversial regulation.

Many legislators are moving ahead with initiatives affecting employee benefits in their communities, such as equal pay laws and healthcare reform

Many legislators are moving ahead with initiatives affecting employee benefits in their communities, such as equal pay laws and healthcare reform

Moves by Nevada and others threaten to create compliance confusion.

The Office of Management and Budget concluded its review of the proposal, a key step in the administrative process, which puts a freeze on further implementing the regulation.

The legislation ― called the Financial Choice Act ― has little chance of passing the Senate in its current form.

There is "no principled legal basis" to do so, Labor Secretary Acosta says.

The Labor Department will now conduct a review with an eye toward amending or rescinding it.

The Labor Department will lose $2.6 billion under the 2018 budget, likely hindering the agency’s ability to regulate and assist employers, experts say.

With an eye toward potential repeal, Alexander Acosta told senators that he will abide by President Trump's executive memorandum and review the rule's impact.