Mark DeSaulnier: “And remember, in the Articles of Confederation, in the Articles of Association, we didn't even have a President.”

When ERISA was enacted in 1974, Congress made its intent clear. The law's primary purpose is to 'protect the interest of participants in employee benefit plans, and their beneficiaries.'

Cuts to EBSA undermine the bipartisan progress we have made in recent years through the No Surprises Act, the SECURE Act, the SECURE 2.0 Act, and so many other important laws.

Those employees worked with their employers for their success, and for the consumers' and investors' success.

An Economic Policy Institute calculated that in 2023 there was only one full-time NLRB employee for every 90,672 workers under the Board's jurisdiction.