Department of Labor may roll back union disclosure rules

[Omaha Steve]

http://washingtontimes.com/weblogs/back-story/2009/Mar/17/department-of-labor-may-roll-back-union-disclosure/

POSTED March 17 2009 10:06 AM BY Amanda Carpenter

Under President Obama the Department of Labor may revoke union financial disclosure requirements enacted by the Bush Administration requiring union officials to report their compensation to the government on an annual basis.

Rolling back these financial disclosure requirements is high on the unions' wish list. The AFL-CIO submitted an 8-page list of "Day 1" recommendations to the Obama-Biden transition team last year and asked the Department of Labor make it their "highest" priority to seek public comment on such a rule change "on whether to rescind all of these regulations, with a view towards rescission."

The administration carried out this process and a final rule is now pending.

The public comment process was spurred by a memo written by White House Chief of Staff Rahm Emanuel instructing all federal agencies to review the "merits of rescinding or retaining" last minute regulations handed down by the Bush administration last January. He also said any their implementation must be delayed by 60 days.

Among those were new regulations requiring the disclosure of compensation for high-level union officers and information regarding the sale or purchase of union property.

FULL story at link.

[marketcrazy1]

1. I think they should keep this one

I will be looking to give my opinion NOT to rescind......

[Omaha Steve]

2. I don't really mind it, but this I do care about....

The US Government spends more watching unions in this years budget, than it does on ALL forms of worker safety combined. Unions are less than 15% of the work force. Get my point?

[cloudbase]

3. If I recall correctly,

the compensation is already disclosed on the LM-2 forms filed annually with the DOL.