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White House Reviewing Revived Union Financial Reporting Proposal

March 7, 2019, 3:53 PM

The Labor Department is moving forward on a potentially controversial rule that would require stricter financial reporting requirements for labor organizations and their affiliates.

The proposal on re-establishing a Form T-1, which would require union trusts, which can include a strike fund or apprenticeship programs, to file annual spending reports is undergoing review by the White House’s Office of Information and Regulatory Affairs. This is the first step of regulatory review before a proposal can be released to the public for comments.

With this proposal, which was originally scheduled for a December 2018 publication according to the agency’s fall regulatory...

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