"We write to respectfully recommend that you delay the proposed reorganization until Congress and interested stakeholders fully understand the rationale and ramifications of this proposed reorganization," Rep. Scott and Sen. Murray wrote. (Photo: Diego M. Radzinschi/ALM)
The Democratic Chairman and Ranking Member of the Congressional committees that oversee the Labor Department are asking Preston Rutledge, Assistant Secretary of Labor and head of the Employee Benefits Security Administration, to halt a scheduled reorganization of the leadership that oversees workplace retirement and health plans.
"We have questions about the need and basis for this proposed reorganization and whether EBSA's vital mission will be impaired," write Rep. Bobby Scott, D-VA, Chair of the House Committee on Education & Labor, and Sen. Patty Murray, D-WA, Ranking Member of the Senate Committee on Health, Education, Labor, & Pensions.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
