The Washington Times reports that earlier today, Senatore John Thune (R-SD) introduced a bill that would bring back financial transparency rules for labor unions. The three sets of rules promulgated by the Department of Labor were proposed during the administration of President George W. Bush. President Obama did away with the proposed regulations when he assumed office in 2009.
The Senator noted that the rules are designed to limit union corruption.
“From exempting unions from parts of Obamacare to repealing union financial transparency requirements, the Obama administration has gone to great lengths to protect its union boss friends,” he said. “The Obama Labor Department’s rollback of these financial transparency rules is crony capitalism at its worst. I hope my colleagues join me in supporting my bill to put an end to the administration’s political favoritism and restore transparency to union finances. Union members deserve to know how their dues are being spent.”
While the legislation sounds good on paper, it has almost no chance of moving through the Democratic Senate.