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Executive Council Statement

Building On The Affordable Care Act

… beginning of the next phase of health care reform. The path forward should be clear: First, we must move full speed ahead to implement the ACA; second, we must firmly reject efforts to undo the progress that already has been made with the ACA, Medicaid and Medicare; and third, we must build upon the ACA, … no solution at all. America’s union movement will not take our eyes off the prize.  We will keep moving forward until the right to a single high standard of health care is a reality for everyone in America. …
Executive Council Statement

Renewing the Drive for Comprehensive Health Care Reform

… in the life of the nation and in the lives of millions of Americans – an urgent situation that requires the union movement to show unstinting determination and unwavering leadership in leading a renewed campaign for comprehensive health care reform … into a referendum on whether all Americans should finally be able to get affordable, high quality health care with their right to choose their own doctor. A large and growing number of Americans have no health insurance at all: 41.2 million … quality. A special challenge exists at time in recruiting employer support for comprehensive reform. In this regard, the work of the National Coalition on Health Care is especially important. Congressional proposals have again been put forward …
Speech

Trumka at U.N.: We Must Act on Climate Change

… Good morning and thank you, Tim [Wirth] , I’m honored to be here with you all, and to say a few words on behalf of the 12.5 million working men and women of AFL-CIO unions. In the … is even higher, and Congress continues to fail to extend unemployment benefits for the millions still looking for work. Worldwide, the picture is worse—the International Labor Organization estimates there are over 200 million people … For millions of workers in the U.S., our livelihoods, our families, our communities are at stake—not decades from now, but right now. We are prepared to make hard decisions and to make sacrifices, but not while the most privileged in our society …
Press Release

Front Porch Focus Group

… Download (PDF) Unique “Front Porch Focus Group” Explores the Appeal of Trump’s Right-Wing Message with White Working-Class Voters 1,689 face-to-face conversations with likely voters revealed that issues, information and a trusted messenger help counter right-wing rhetoric. OVERVIEW Since Donald Trump announced his run for president last June, he has opened up a vein of …
Statement

Comment letter urging the SEC to resist weakening corporate disclosure requirements as part of the SEC’s disclosure effectiveness initiative

… November 20, 2015 Via Electronic Submission to: [email protected] Mr. Keith F. Higgins Director, Division of Corporate Finance U.S. Securities and Exchange … F Street, NE Washington, DC 20549-1090 Re: Comments on Disclosure Effectiveness Initiative Dear Mr. Higgins, I am writing to you today on behalf of the American Federation of Labor and Congress of Industrial Organizations (the “AFL-CIO”) to … Organizations (“NRSROs”) which are not all fully adopted.iv Executive compensation represents another gap in the SEC’s work on Dodd-Frank with at least 5 outstanding, unimplemented rules.v The new disclosures required by Dodd-Frank represent an …
Statement

Letter to the SEC in Support of Financial Professionals Be Required to Act in Their Customers' Best Interests

… Clayton, The diverse organizations listed below are united in the view that all financial professionals should be required to act in their customers’ best interests when providing personalized investment advice. We all have been strong supporters of the Department of Labor’s fiduciary rule, and we support SEC rulemaking to extend that same pro-investor standard to non-retirement accounts. We are concerned, however, that a weak SEC disclosure-based rule could be used to undermine the …
Executive Council Statement

Implementing Article XXI of the AFL-CIO Constitution

… Los Angeles, CA Pursuant to Section 4 of Article XXI of the AFL-CIO Constitution, the Executive Council issues revised procedural rules and decisional criteria to govern mediations and hearings under this Article. Cases initiated under this Article shall be managed by the AFL-CIO … If the Impartial Umpire finds such cause, he or she shall so notify every other party and accord each of them the same right. 11. The Impartial Umpire otherwise shall have discretion to conduct hearings in such a manner as he or she considers …
Legislative Testimony

Testimony of Damon A. Silvers, AFL-CIO Policy Director and Special Counsel, Before the Subcommittee on Capital Markets and Government Sponsored Enterprises Hearing on Legislative Proposals to Relieve the Red Tape Burden on Investors and Job Creators

… AFL-CIO. In addition, I serve on the Office of Financial Research’s Financial Research Advisory Committee, a body devoted to assessing systemic risk in the financial system; the Securities and Exchange Commission’s Investor Advisory Committee; the … in the audit of large capitalization public companies. In this respect, I would call the Subcommittee’s attention to the work of the Bush Administration’s Treasury Department’s Committee on the Future of the Auditing Profession. [20] But ultimately, whether audit firm rotation is or is not the right solution, the decision should be left with the PCAOB, the independent public company auditor regulator created by …
Statement

Comment letter urging the SEC to improve the quality and quantity of information that public companies are required to disclose under SEC Regulation S-K

… Release Nos. 33-10064, 34-77599 Business and Financial Disclosure Required by Regulation S-K Dear Mr. Fields, I am writing to you today on behalf of the American Federation of Labor and Congress of Industrial Organizations (the “AFL-CIO”) to provide comments on the Concept Release regarding Business and Financial Disclosure Required by Regulation S-K (Release … on an ongoing basis would enable the Commission to better understand and manage how corporate reporting works and doesn’t work. This could be achieved through instituting a formal system to solicit feedback from users and encouraging those users …