Thune Proposes Heightened Disclosure Requirements for Unions

[Geee]

Free Beacon:

Sen. John Thune (R., S.D.) has proposed legislation that will tighten disclosure requirements for labor unions.

 

The South Dakota Republican introduced the Union Transparency and Accountability Act on Wednesday in an effort to reinstitute longstanding union transparency practices that the Obama administration rolled back.

 

The legislation would force labor unions to disclose potential conflicts of interest, money held in union trusts, and the details of their assets. Thune told the Washington Free Beacon that the legislation would better protect workers by showing them how dues money is spent.

 

“It’s ironic that one of the early actions taken by the self-proclaimed ‘most transparent administration in history’ was to roll back financial transparency regulations,” he said in an email.