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LISTEN NOWThe Freedom Files Podcast Episode 41: Jonathan BydlakListen Here
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Blog

The Federal Government’s New Overtime Rules Represent a Declaration of War on Job Flexibility and Small Employers

The Department of Labor recently finalized new standards to determine when salaried workers are eligible for overtime pay. While there is minimal evidence that these unilateral rule changes will achieve the aims claimed by the Obama administration, there will be clear harm to the liberty of employees who desire flexible work schedules, while imposing significant compliance costs on many employers. These costs fall especially hard on small employers, as highlighted in today’s House Small Business Committee hearing.

06/23/2016
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Blog

The Legacy of Dodd-Frank: Maintaining "Too Big to Fail" and Destroying Community Banks

In 2010, Congress passed, and President Obama signed into law, a massive 2,300-page banking regulatory bill called the Dodd-Frank Wall Street Reform and Consumer Protection Act. The premise of Dodd-Frank was to prevent another financial crisis and, as the title suggests, reform regulation of Wall Street. Like many well-intentioned laws, however, Dodd-Frank in the hands of the regulatory state has turned into a crushing burden, highlighted today in a House Small Business Committee hearing titled “Bearing the Burden: Overregulation Impact on Small Banks and Rural Communities.” Rather than ending the situation where a few massive banking institutions were “too big to fail,” Dodd-Frank has actually entrenched the big banks at the top of the heap while crushing small community banks and credit unions.

06/09/2016