ESOP Association Advocacy
The ESOP Association works to empower passionate employee owners to become key participants in the political process. The Employee Ownership Action Network (EOAN), the ESOP Ambassador Program, the Advocacy Academy, and the ESOP Political Action Committee (ESOP PAC), allow our community the opportunity to maximize our political strength and leverage the weight of our collective voice through mobilization and articulation of strong, clear, messages to policy makers.
TEA's advocacy priorities are guided by our members. If you have a federal policy or regulatory concern that relate to ESOPs we encourage you to submit them here for the Public Policy Council to review.
Biden Department of Labor Proposed Regulation Regarding the Definition of Adequate Consideration
On January 16, 2025, the Biden Administration DOL issued a Notice of Proposed Rulemaking (NPRM) on the following two proposals related to the matter of adequate consideration. Since then, the noticed proposal was officially withdrawn by President Donald J. Trump on Monday, January 20, 2025 pursuant to Executive Order and was not published in the Federal Register.
Important Note: Therefore this proposal is NOT in effect or currently being considered by DOL for comment.
Advocacy Resources
Adequate Consideration
Yet the primary regulator, the U.S. Department of Labor, has failed to promulgate a regulation properly describing adequate consideration in the nearly 50 years since ERISA was signed into law.
Policy Papers
TEA Policy Papers provide background information and explanation for policy requests. These documents can be used as a tool to help provide in-depth details when discussing ESOP advocacy issues.
Toolkits and Educational Resources
TEA has provided a few toolkits to help you get started in your ESOP advocacy efforts.
Members Only
Esop association advocacy programs
Employee Ownership Action Network (EOAN)
EOAN is a free-to-join, grassroots advocacy network for everyone with a stake in employee ownership. It takes just seconds to join and your support will mean years of advocacy victories and continued growth for ESOPs.
ESOP Ambassadors
As a member of the ESOP community, your voice is the strongest tool we have to affect change. ESOP Ambassadors are the vocal leaders within the ESOP community committed to building meaningful relationships with Members of Congress.
The Advocacy Academy
The Advocacy Academy is TEA's premier advocacy training program. Our goal is to build your foundational knowledge and provide you with the tools you need to succeed. Join us for our inaugural event at the National Conference.
Washington Alerts
Head of DOL’s Division of Employee Ownership Reinstated
Head of DOL’s Division of Employee Ownership Reinstated
The ESOP Association has been informed that the chief of DOL’s Division of Employee Ownership, Hi
Senate Committee Approves Lori Chavez-DeRemer’s Nomination for Secretary of Labor
President Trump Nominates Longtime Fiduciary Expert Daniel Aronowitz to Lead Employee Benefits Security Administration at DOL
President Trump Nominates Longtime Fiduciary Expert Daniel Aronowitz to Lead Employee Benefits Security Administration at DOL
President Donald Trump today nominated Daniel Aronowitz, President of Encore Fiduciary and a lead
White House Announces Pause on Biden Administration Regulations That Have Not Been Finalized
White House Announces Pause on Biden Administration Regulations That Have Not Been Finalized
Executive Action Pauses, and May Potentially Withdraw, the Announced Adequate Consideration R
U.S. Department of Labor Releases Proposed Regulatory Guidance Regarding ESOP Stock Purchase and Sale Transactions
U.S. Department of Labor Releases Proposed Regulatory Guidance Regarding ESOP Stock Purchase and Sale Transactions
On Thursday, January 16th, the U.S.
GET INVOLVED
You, a member of the ESOP community, are the strongest and most reliable advocate for employee ownership. Your members of Congress need to hear from you and more importantly they need to know you exist.
The goal here is simply to identify yourself as a constituent and a supporter of employee ownership who can be a resource for questions about legislation impacting employee-owned companies, like yours.
the power of esops
Employee Owners in the United States
(that's more than the entire auto industry)ESOP Companies
Top Industries
for ESOP Companies are:
MAKE A DIFFERENCE
Elections matter and have a lasting impact. That’s why it is crucial for TEA members to be engaged in the political process every step of the way.
ESOP PAC is the voluntary, non-partisan Political Action Committee (PAC) of the ESOP Association. ESOP PAC is the oldest political entity specifically charged with supporting pro-employee ownership elected officials.
TEA COUNCILS
In order to best serve the needs of our growing community, TEA has formed two prestigious new Councils. The Public Policy Council is comprised of members who are our most active and knowledgeable ESOP Advocates. These community leaders are given the opportunity to work with TEA's top leadership and our advocacy team to assist in formulating the public policy positions of The Association and our nationwide legislative and regulatory priorities.
For ESOP companies that wish to engage in partnership with TEA on a higher level, TEA has created the Corporate Council. Council members have the opportunity to meet regularly with TEA staff and participate in exclusive strategy and information sharing discussions.