President Trump Signs Legislation Including $2 Million for Employee Ownership Initiative created by the WORK Act
Funding for Grant Program a Longstanding Priority of The ESOP Association
The ESOP Association
Department of Labor
EBSA Ends ESOP National Enforcement Project, Signaling a Brighter Path Forward for Employee Ownership
On January 15, 2026, the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) officially ended the National Enforcement Project against ESOPs, an initiative that began in 2005.
U.S. Senate Passes Legislation Including $2 Million For Employee Ownership Initiative created by the WORK Act
Funding for Grant Program a Longstanding Priority of The ESOP Association
The U.S. Senate today passed an omnibus appropriations package which includes a joint explanatory statement directing $2 million in funding for the Employee Ownership Initiative (EOI) grant program at the Department of Labor (DOL).
U.S. House Passes Legislation Including $2 Million For Employee Ownership Initiative created by the WORK Act
Funding for Grant Program a Long-Term Priority of The ESOP Association
The U.S. House of Representatives today passed The Consolidated Appropriations Act, 2026 (H.R.
The ESOP Association Lauds DOL for Taking Vital Step to “End the War on ESOPs”
Today the DOL’s Employee Benefits Security Administration (EBSA) ended the ESOP National Enforcement Project, a 20-year effort by the Department that began in 2005. The National Enforcement Project against ESOPs promoted a targeted enforcement approach by EBSA that led to increased enforcement resources and scrutiny.
Daniel Aronowitz Confirmed as Assistant Secretary of Labor for EBSA
During Confirmation Hearings, Aronowitz Pledged to “End the War on ESOPs” at DOL, EBSA
Letter Supporting Nominations of Janet Dhillon to be Director of the Pension Benefit Guaranty Corporation and Dan Aronowitz to be the Assistant Secretary at EBSA at the DOL
Dear Leader Thune, Leader Schumer, Chairman Cassidy, Chairman Crapo, Ranking Member Sanders, and Ranking Member Wyden:
Secretary Chavez-DeRemer Addresses Common Interest Agreements During Testimony on Capitol Hill — Inspector General Announces Investigation Into Controversial Practice
On Thursday, June 5th, Secretary of Labor Lori Chavez-DeRemer testified at the House Committee on Education & Workforce about the Department of Labor’s budget request and priorities for Fiscal Year 2026, which begins October 1.
Celebrating Excellence in Employee Ownership at The ESOP Association’s National Conference!
If you couldn’t join us in Washington, DC for The ESOP Association’s National Conference in May, you missed one of the most engaging, educational, and fun events of the year!
On Thursday, May 15, Jim VandeHei, co-founder of POLITICO and Axios gave a captivating keynote address followed by an insightful conversation with The ESOP As
May / June 2025 ESOP Report
Welcome to your May / June issue of the ESOP Report. This month we've packed the report with tons of articles and news about ESOPs that you won't want to miss!