Chairman Chabot Applauds the Department of Labor Taking First Steps to Address Harmful Overtime Rule
WASHINGTON – This week, the Department of Labor invited stakeholders to submit public comments on the overtime rule. The rule, put in place by the Department of Labor during the Obama Administration in May 2016, was delayed by a federal judge in December 2016. The public will have 60 days to comment whether the rule will have an adverse effect on low-wage regions and industries.
House Small Business Committee Chairman Steve Chabot (R-OH) released the following statement following this news:
“This week the Department of Labor is taking the first step in addressing this harmful rule. For several years the Committee has been very vocal about how the overtime rule will lead to job losses, lower wages and reduced benefits for millions of workers. We look forward to continuing to work with the Administration to give small businesses relief from burdensome rules,” Said Chairman Chabot.
For more information, the Committee has put together a Regulatory Watch page to track regulatory proposals affecting small businesses that have been published in the Federal Register and are open for public comment.