New legislation threatens labor and pension agencies

Today, a coalition of organizations, including many labor groups, sent a letter to Capitol Hill voicing our opposition to S.3468 “The Independent Agency Regulatory Analysis Act of 2012”.  ALPA has been engaged on this issue and has signed the letter which you can see below.  S. 3468 would allow the Executive Branch to exercise more power over independent agencies such as the National Mediation Board, National Labor Relations Board, Commodity Futures Trading Commission, Securities and Exchange Commission and the Pension Benefit Guarantee Corporation to name a few.  This new oversight power for the Executive Branch will be used to either delay important rules or stop the rule making in its entirety, taking away power from independent agencies.  These agencies were created to be independent because Congress rightly saw the need to insulate these agencies from politics and intimidation.  The legislation will unnecessarily cost taxpayers money, create more work for these agencies which are already understaffed and create more gridlock in Washington.

Read the letter

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