Hauser will still play a critical role overseeing enforcement of laws like the Employee Retirement Income Security Act and the Affordable Care Act. (Photo: Mike Scarcella/ALM)
The reorganization of the top leadership of the Employee Benefit Security Administration is designed to expedite rulemaking and guidance issuance, according to one attorney and former regulator with the Labor Department.
"The Labor Department has always moved at a slow pace," said Erin Sweeney, a labor and ERISA attorney with Miller & Chevalier who served as a senior benefits counsel during the Bush administration.
"The question the Trump administration is asking is if Labor has always had a slow pace, then how can we restructure EBSA so that it can issue guidance and regulations in a more nimble fashion," she added.
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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.
