Tag: Obama

Commander in ‘Beats’?

Now that ex-President Barack Obama has a little extra time on his hands, how will he spend his “retirement” from commander in chief? One music-streaming website is offering Obama a chance to become president again, but not for the United States.


Second DOL FAQ on Fiduciary Rule Addresses Questions About Fiduciary Communications

The U.S. Department of Labor (DOL) released the second set of frequently asked questions (FAQs) for retirement plan professionals on the agency’s complex new fiduciary rule just days before the end of the Obama administration in an effort to answer plan practitioners’ questions about how the rule draws lines between fiduciary and nonfiduciary communications, education, and advice.

Overtime rules: Changes on the way, but specifics scarce

Secretary of Labor Tom Perez has his orders. President Barack Obama on March 13 officially directed him to “modernize and streamline the existing overtime regulations.” The president’s directions further instruct the Department of Labor (DOL) to “address the changing nature of the workplace” and simplify the rules so that they will be “easier for both […]

NLRB Foes Marshaling Forces Against Obama’s Recess Appointments

Will President Barack Obama’s recess appointments to the National Labor Relations Board (NLRB) stand? Some in the business community and Congress hope not, and they’re taking action. Two House actions have been filed in opposition to the appointments: H.R. 3770, sponsored by Representative Jeff Landry (R-LA.), would amend federal law “to provide that payment for […]

NLRB Recess Appointments Draw Fire

President Barack Obama’s decision to use recess appointments to keep the National Labor Relations Board (NLRB) from losing its quorum has ignited a firestorm of opposition among lawmakers and business groups. Obama announced his intent on January 4 to use recess appointments to fill three open NLRB seats. The Board, which is supposed to have […]