ESOP Supporters – Do You Know Who Supported the ESOP Community in the Fight Against the DOL’s Proposed Fiduciary Regulation?

If you attended the Association’s Las Vegas Conference and Trade Show last week, you probably heard ESOP Association President J. Michael Keeling’s speech on what the Association is doing in the government relations arena. We’ll be posting a Conference re-cap but thought we would share this list as the first part of the wrap-up.

Below is a list of members of Congress who have sent letters or made statements questioning the Department of Labor’s (DOL) proposed regulation that would have made ESOP appraisers ERISA fiduciaries. Thirteen members of the House of Representatives and nine members of the Senate are listed below. If your member of Congress is listed, please consider sending a letter thanking them for their support of employee ownership through ESOPs.

House of Representatives

Rep. Leonard L. Boswell (IA-D-3rd)

Rep. Charles Boustany (LA-R-7th)

Rep. Bruce Braley (IA-D-1st)

Rep. Larry Bucshon (IN-R-8th)

Rep. Geoff Davis (KY-R-4th)

Rep. Brett Guthrie (KY-R-2nd)

Rep. Maurice D. Hinchey (NY-D-22nd)

Rep. Dave Loebsack (IA-D-2nd)

Rep. David McKinley (WV-R-1st)

Rep. Alan Nunnelee (MS-R-1st)

Rep. Martha Roby (AL-R-2nd)

Rep. Todd Rokita (IN-R-4th)

Rep. Todd Young (IN-R-9th)


Sen. Kelly Ayotte (NH-R)

Sen. Roy Blunt (MO-R)

Sen. Scott P. Brown (MA-R)

Sen. Susan M. Collins (ME-R)

Sen. Mary L. Landrieu (LA-D)

Sen. Patrick Leahy (VT-D)

Sen. Mitch McConnell (KY-R)

Sen. Bernie Sanders (VT-I)

Sen. Olympia J. Snowe (ME-R)

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