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July 24, 2008    DOL Home > News Release Archives > OSEC/OPA 2000   

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Archived News Release--Caution: information may be out of date.

U.S. DEPARTMENT OF LABOR

Office of Public Affairs

OPA Press Release: Statement Of Secretary Of Labor Alexis M. Herman On The Passage Of S2323 [04/12/2000]

For more information call: (202) 693-4650

I applaud the Senate for their rapid, bi-partisan action on the stock options bill -- allowing American workers to share in their employer's growth and profitability.

Senators Dodd, McConnell, Jeffords and Enzi showed great leadership in this effort, working with the Department and business leaders, to exempt certain stock option programs yet still maintain the important protections for workers that the Fair Labor Standards Act embodies.

I urge the House to take action on its companion bill and look forward to the swift passage of the final law.


Archived News Release--Caution: information may be out of date.




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