Labor Department to Push Stricter Financial Disclosure from Unions - Articles

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Posted by: Chelsea Bennett on Oct 29, 2018

The Office of Labor-Management Standards (OLMS) put out two proposals related to union financial disclosure that mirror Bush-era policies, Bloomberg Law reports. Both of the Bush-era policies were challenged by the AFL-CIO and the National Education Association, and were eventually overturned during the Obama presidency. In this article, a former OLMS director says unions will likely also push back on these proposed rules, partly because of the financial strain of hiring additional staff to analyze financial records, fill out disclosure forms and submit within the required timeframe. The Department of Labor estimates it will publish the proposed rules by December.