U.S. Capitol Building In his address before the National Press Club, Sen. Brown pitched the Butch Lewis Act as the best—and only—legislative proposal on the table.That bill would loan money to underfunded pensions at low interest rates over 30 years. (Photo: Shutterstock)

Sen. Sherrod Brown, D-OH, said President Trump would likely sign legislation rescuing multiemployer plans facing insolvency, if a joint select bipartisan committee in Congress can move a bill to full vote in the House and Senate.

“We assume that if we do this right, the president will sign the bill,” Sen. Brown told an audience at the National Press Club last week.

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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.

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