Posts tagged Roger Wicker
Ranking Member Cassidy, Kiley Introduce CRA to Overturn New Biden Regulation Threatening 27 Million American Independent Contractors
March 6, 2024 // Independent contractors, or freelancers, make their own hours to fit their schedule and decide where and how they want to work. The Biden administration rule attempts to restrict the ability of American workers to be an independent contractor and take advantage of the flexibility it provides. The rule creates a non-exhaustive, six-factor litmus test for unelected bureaucrats to interpret and decide who is and who is not classified as an independent contractor. It also casts as large a net as possible and gives less legal certainty to independent contractors impacted by the regulation. “The Biden administration’s priority should not be to do whatever makes it easier to forcibly and coercively unionize workers. It should be to increase individual freedom and opportunity,” said Dr. Cassidy. “This new Biden rule does the opposite, jeopardizing 27 million workers’ ability to make their own hours and make a living without being pressured into joining a union.”
Dems’ rail-strike challenge: Save the economy and your ties to unions
December 2, 2022 // Progressives pushed for paid sick leave in any agreement, and party leaders glided a two-step solution through the House. It may not survive the Senate buzzsaw.

Sen. Braun Introduce Bill To Maximize Americans’ Retirement Funds
November 25, 2022 // Amends the Employee Retirement Income Security Act (ERISA) to require plan fiduciaries to select investments solely on pecuniary factors. If a fiduciary cannot distinguish between investments on pecuniary factors alone they may use non-pecuniary factors, but must provide participants reasoning for their decision. Pecuniary factors are defined as any factors that a fiduciary prudently determines is expected to have a material effect on the risk or return of an investment. fiduciary duty of plan administrators, ESG (environmental, social and governance) funds,