Source: House Small Business Committee
Washington, D.C. - September 8, 2017 (The Ponder News) -- Last week, a federal judge struck down the Obama administration’s costly Department of Labor’s (DOL) overtime rule. House Small Business Committee Chairman Steve Chabot (R-OH) commended the decision in the following statement:
“Small business owners, and their employees, can breathe a sigh of relief knowing they will have to worry about one less burdensome rule that hurts their business or affects their job. This is an issue the Committee has been working hard to reverse. I look forward to working with the new Administration as the Department of Labor continues to get feedback from stakeholders about what would be most favorable to small business owners,” said Chairman Chabot.
Chairman Chabot and Committee Republicans have focused on the DOL overtime rule throughout the 114th and 115th Congress.
The Committee has held numerous hearings and roundtables and sent letters explaining the damage this rule would cause to small businesses.
The Department of Labor is still inviting stakeholders to submit public comments on the overtime rule. For more information, the Committee has put together a Regulatory Watch page on our website to track regulatory proposals that have been published in the Federal Register and are open for public comment.
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