Heritage Foundation Senior Policy Analyst in Labor Economics James Sherk writes: “The Obama Administration recently rolled back union financial transparency reforms. New regulations will exempt many union trust funds, such as strike funds and apprenticeship programs, from financial disclosure laws. These regulations also end financial reporting for many government unions.”
According to recent polling, 66 percent of union members believe their leaders mostly look out for themselves and a full 89 percent of them believe unions should disclose their spending. Sherk notes that Members of UFCW Local 7 in Colorado recently voted out their President after they learned he gave his children six-figure jobs on the union payroll.
But there is something the next Congress can do.