Compliance | April 17th, 2025 Trump Executive Order Demands More Transparency into PBM Compensation The executive order signed on Wednesday requires the Secretary of Labor to propose regulations to improve transparency into compensation of...
Benefits | March 31st, 2025 9M Student Loan Borrowers Late on Payments, Showing Increased Financial Stress Borrowers who have not begun making payments on federal student loans are being reported as delinquent to credit reporting agencies,...
Benefits | March 27th, 2025 Social Security Administration Clarifies Identity Proofing Requirements The SSA extended, for two weeks, the launch of new identity-proofing requirements and made an exception for those applying for...
Benefits | March 20th, 2025 Social Security Administration to Require Strict In-Person, or Online Identity Checks Starting March 31, Americans must visit a field office or use the internet to sign up for Social Security benefits,...
Compliance | March 11th, 2025 Trump Nominates PBGC Head Janet Dhillon was selected to serve as the next director of the Pension Benefit Guaranty Corporation, pending Senate confirmation.
Compliance | March 10th, 2025 Senate Confirms Chavez-DeRemer as Secretary of Labor Monday’s full Senate vote came after President Donald Trump’s pick to head the Department of Labor was cleared by the...
Compliance | March 4th, 2025 Social Security Administration Announces Plans to Downsize Staff The agency plans to reduce its staff to 50,000 employees, in accordance with President Donald Trump’s executive orders to slash...
Compliance | February 28th, 2025 ERISA Advisory Council Currently ‘On Ice’ Federal advisory committees have become targets in President Donald Trump’s efforts to downsize the federal government.
Benefits | February 27th, 2025 What DOL Layoffs Could Mean for the Future of EBSA Probationary employees and the head of the agency’s division of employee ownership were recently terminated amid President Donald Trump’s efforts...
Compliance | February 19th, 2025 Chavez-DeRemer Shows Support for Union Pension Assistance Law in Confirmation Hearing President Donald Trump’s nominee for secretary of labor expressed support for the Biden-era Butch Lewis Act, but also walked back...
Compliance | February 18th, 2025 District Court Again Backs Biden-Era ESG Rule, but Its Future Remains Unclear A federal judge in Texas ruled that the 2022 ESG rule does not violate ERISA, reaffirming his initial decision made...
Compliance | February 10th, 2025 Judge Blocks Unions’ Motion for Restraining Order Against DOL Several union groups and a think tank attempted to prevent the Department of Labor from allowing Elon Musk’s Department of...
Compliance | February 4th, 2025 Retiree Advocacy Group, Public Employee Unions Sue Treasury due to ‘Illegal DOGE Data Access’ The Alliance for Retired Americans and two union groups accused Secretary of the Treasury Scott Bessent of violating the privacy...
Compliance | January 22nd, 2025 Proposed ESOP Regulations Shelved Due to Trump Regulatory Withdrawal One of the president’s many executive orders issued Monday caused rules not already published in the Federal Register to be...
Compliance | January 21st, 2025 2025 Retirement Outlook Includes Tax Reforms, Cryptocurrency and Litigation Reform Plan sponsors can expect some policy changes and potential litigation reform in 2025, according to experts at T. Rowe Price.
Deals and People | December 6th, 2024 Trump Names Fiserv CEO as His Social Security Administration Commissioner Selection of Frank Bisignano suggests a focus on operational efficiency and administration over sweeping policy reforms.
Deals and People | December 3rd, 2024 Trump Selects Kevin Hassett to Lead National Economic Council Hassett is known in the retirement industry for a paper he co-authored that expressed support for creating something similar to...
Administration | November 25th, 2024 Trump’s ‘Unusual’ Pick for Secretary of Labor Has More Health Than Retirement Track Record Representative Lori Chavez-DeRemer of Oregon also comes with pro-labor positioning that may give pause to Republican Senators considering her nomination.
Administration | November 18th, 2024 Biden’s Nomination for PBGC Director Withdrawn President-elect Donald Trump will get to nominate a new candidate for the director position.
Investing | August 15th, 2019 Caution Warranted When Tying Yield Curve Inversions to Recession One expert suggests the current yield curve inversion—often called a harbinger of recession—is due more to declining inflation expectations and...