Marty Walsh, the two-term mayor of Boston, was confirmed as the Labor secretary by the Senate in a 68-29 vote on Monday, March 22, 2021.
Please see the ESOP Association's Official Statement for more on this news.
Julie Su, current head of California’s Labor and Workforce Development Agency has been tapped by the Biden administration to be Deputy Labor Secretary under Labor Secretary Nominee Marty Walsh.
$1.9 trillion relief bill includes $1,400 checks, billions for vaccines, and money to reopen schools. Restaurant, airplane manufacturing, concert venue industries set to benefit most.
New COVID-19 guidelines from the DOL's OSHA are now available online.
See the PDF to the right for a map and list of pre-convening freshman in Congress. A pre-convening freshman is a Member who won a seat in the general election. This category also includes people who won a special election prior to the first meeting of a new Congress.
Freshman members are important targets for outreach because they may or may not know about ESOPs and Employee Ownership.
WASHINGTON – The Treasury Department and the Internal Revenue Service issued guidance today allowing deductions for the payments of eligible expenses when such payments would result (or be expected to result) in the forgiveness of a loan (covered loan) under the Paycheck Protection Program (PPP).
Economist Jared Bernstein has been selected to serve on by President-Elect Joseph Biden’s Council of Economic Advisors. Bernstein previously served as the chief economist to Biden during his tenure as Vice President in the Obama Administration. For ESOP companies, the move is particularly good news because Bernstein is very familiar with ESOPs and the benefits they provide.
View this deck for an overview of potential contenders for positions in Biden's cabinet.
The latest election data from The ESOP Association including:
An Elections Dashboard with detailed election breakdown.
A High Level Trends document.
As the results of the election continue to unfold, we have gathered information in key areas for our members. See the updated resources in the right hand column of this article for: