Trump's Education Department Cuts
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President Trump reportedly plans to sign an executive order that allows private equity, venture capital and hedge funds in retirement accounts, reversing a Biden administration policy.
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Benzinga on MSNTrump Set To Sign Executive Order To Unlock 401(k) Access For Private Equity GiantsPresident Trump is expected to sign an executive order directing the Labor Department and SEC to ease restrictions on 401(k) investments in private-market assets, the Wall Street Journal reported. The order is still under review and has not been finalized.
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MiBolsilloColombia on MSNTrump may signs executive order to speed up 401(k) access to private marketsTrump is set to sign an executive order allowing 401(k) plans to invest in private markets, sparking debate over risks and benefits for retirement savers.
Labor organizations are ending their suit alleging the US government is ignoring a Biden-era executive order requiring labor agreements for large-scale construction projects.
A California District Court judge wasn’t swayed by 23 agencies who tried to explain why implementing the labor-management EO is necessary.
A federal judge seemed skeptical of the president’s executive order, which labor unions claim retaliated against them for speaking out against the White House.
The US Labor Department will take over workforce development programs from the Department of Education, putting into action President Donald Trump’s plan to consolidate all federal training grants into a single “Make America Skilled Again” program.
Former U.S. Department of Labor Officials Pen Open Letter to Contractor Community Addressing Executive Order 14173 and the Current Administration’s Stance on Diversity, Equity and Inclusion