Posts tagged Virginia Foxx
Chairwoman Foxx, Ranking Member Cassidy Introduce Bill Recouping Pension Bailout Sent for Dead People, Increasing Oversight of Pension System
January 31, 2024 // In November, the Pension Benefit Guaranty Corporation’s (PBGC) Office of Inspector General (OIG) published a report disclosing that the PBGC overpaid the Central States fund by $127 million after the plan included at least 3,479 dead participants in its bailout request. According to the PBGC OIG, the PBGC’s review process did not require cross-checking the plan participant list with the Social Security Administration’s (SSA) Full Death Master File (Full DMF), despite this practice being recommended as a standard procedure by the OIG. As far back as 2018, the OIG instructed PBGC that using the Full DMF is not only crucial, but essential, to prevent overpayments of annuities to people who are already dead. Under questioning from Sen. Cassidy, Teamsters President Sean O’Brien, who represents nearly 350,000 Central States, Southeast and Southwest Areas Pension Fund (Central States Pension Fund) retiree participants, stated that the fund should return $127 million in taxpayer dollars that were wrongfully paid to it. However, the PBGC has indicated it does not intend to recoup this money, even though it has the legal authority to claw back wrongfully obtained funds. Further, the Central States Pension Fund has not returned the overpayment of taxpayer funds and is treating them as a fund asset. We still do not know how much the PBGC has overpaid for ghost annuities in total to all multiemployer pension plans.
US House Votes to Repeal Labor Board Rule on Contract, Franchise Workers
January 16, 2024 // The Republican-led U.S. House of Representatives on Friday voted to repeal a federal labor board rule set to take effect in February that would treat companies as the employers of many contract and franchise workers and require them to bargain with those workers’ unions. The House voted 206-177 to nix the National Labor Relations Board (NLRB) rule, which has been heavily criticized by business groups. The vote sends the proposal to the Senate where Democrats hold a one-seat majority but Senator Joe Manchin, a Democrat from West Virginia, has said he opposes the rule.
House probe starts after $127M in bailout funds paid to dead Teamsters’ pension plan
January 16, 2024 // Foxx and Good also said the “mismanagement casts doubt on PBGC’s implementation of the larger program, the $91 billion Special Financial Assistance (SFA) program,” saying Central States had sent a follow-up letter to the inspector general’s office that implied it would use the money “as their personal slush fund” to help it “achieve its statutory objective of remaining solvent through 2051.” Inspector General Nicholas Novak previously told The Post that there was no clawback function available to PBGC as part of the American Rescue Plan, through which the Biden administration provided more than $80 billion to other multi-employer pension funds.
Reps. Foxx, Kiley to Su: Withdraw Proposed Overtime Rule
November 8, 2023 // Several other GOP lawmakers also signed onto the letter, including Glenn "GT" Thompson, Pennsylvania; Tim Walberg, Michigan: Elise Stefanik, New York; Rick Allen, Georgia; James Comer, Kentucky; Lloyd Smucker, Pennsylvania; Burgess Owens, Utah; Bob Good, Virginia; Mary Miller, Illinois: Michelle Steel, California; Julia Letlow, Louisiana; Aaron Bean, Florida; Eric Burlison, Missouri, and Erin Houchin, Indiana. "DOL under President Trump published a rule that responsibly updated the salary threshold and considered extensive stakeholder feedback before issuing the final rule," the letter states. "The same cannot be said about the rushed efforts of the current DOL to push through a rule which makes changes as extreme as they are unnecessary."
Labor Day 2023: Here’s a principled way for workers ‘to make their own choices’
September 1, 2023 // The best way to help workers and families is to remove barriers to their freedom and opportunity, instead of erecting new ones. That means empowering workers to make more of their own choices instead of letting bureaucrats and union officials control what they earn, where they work, and how our economy functions. Workers don’t need more leaders who advocate the failed ideas of the past. They deserve leaders who respect their role as the protagonists in their own and their families’ lives and will deliver better jobs, bigger paychecks, and a brighter future.
Kiley, Foxx Intro Bill to Keep Labor Secretary Role Temporary
July 28, 2023 // "For the sake of job creators and working Americans, Biden must pull Su," she wrote. "Instead, he has stretched the law to bypass a Senate confirmation process. Par for the course for a president accustomed to flouting the law to get his way. I am pleased to support Rep. Kiley's bill to clarify federal law, putting an end to this administration's efforts to skirt the law at the expense of workers and job creators." H.R. 4957, the Department of Labor Succession Act, clarifies federal law to ensure that the tenure of an Acting Secretary of Labor aligns with the Federal Vacancies Reform Act of 1998 (Vacancies Act). On July 20, Su became the longest serving cabinet member.
Was This The Plan All Along?
July 26, 2023 // Sen. Bill Cassidy (R-LA), ranking member of the Senate Health, Education, Labor, and Pensions (HELP) Committee, asked the Biden Administration Thursday to withdraw the nomination and warned that “(A)ny attempts to bypass the will of Congress, especially its constitutionally mandated advice and consent role, is unacceptable.” Su was the deputy labor secretary until her predecessor, Marty Walsh, left to take over the NHL players union, triggering her acting secretary status. Typically, under a law called the Vacancies Act, Su, who was nominated about four months ago, would have a 210-day time limit – for her, that’s mid-October – to her “acting” term. However, the Labor department has its own “succession statute” which states that the deputy becomes the acting secretary automatically and shall “perform the duties of the Secretary until a successor is appointed…” The labor statue has no time limit – confusion aspect one. The second issue is that Su’s nomination is still technically “pending” before the Senate.
House GOP probes union over Starbucks barista who kept labor ties from Congress
July 17, 2023 // Eisen, who represented herself to lawmakers only as a Starbucks worker, disclosed in a labor organization form that she was paid $49,734 by the Service Employees International Union affiliate in 2022, The Post exclusively revealed in May. “On her Truth in Testimony form, Ms. Eisen represented herself exclusively as a Starbucks barista,” Foxx wrote to Workers United International President Lynne Fox. “Members of the Committee and public observers would have benefitted from knowing whether Workers United was paying Ms. Eisen as an organizer at the time of the hearing.”
Is She? Can She? Should She? Julie Su Labor Secretary Confirmation Battle Takes New Twists
July 10, 2023 // Finally, the latest news that Su literally ran the EDD into the ground – it has been determined by state Legislative Analyst’s Office to now be “structurally insolvent” while she was in charge has critics again calling for Biden to drop her nomination. “As a result of Julie Su’s historic unemployment insurance fraud and California’s budgetary mismanagement, state businesses are facing billions in tax hikes over the next several years,” said California’s-own Rep, Kevin Kiley (R-Rocklin). “California’s EDD debacle and the incompetence tax small businesses are now forced to pay demonstrate that California’s policies are a warning to, rather than a model for, the nation. They also illustrate just how ill-advised Julie Su’s nomination for US Labor Secretary is.”
Foxx: The NLRB and Big Labor Are Unabashed Bedfellows
June 14, 2023 //