WASHINGTON – On Thursday, July 24, the Senate Health, Education, Labor, and Pensions (HELP) Committee will hold a hearing on strengthening Employee Stock Ownership Plans (ESOPs), empowering workers to have a stake in their company and build wealth for themselves and their families. ESOPs are employee retirement plans in which a company’s employees collectively hold stock in the company, often supplementing a 401(k).
Earlier this year, U.S. Senator Bill Cassidy, M.D. (R-LA), chair of the HELP Committee, introduced two pieces of legislation to better support ESOPs: the Employee Ownership Representation Act and the Employee Ownership Fairness Act.
Title: Empowering Workers by Expanding Employee Ownership
Date: Thursday, July 24, 2025
Time: 10:00 AM ET/ 9:00 AM CT
Location: 430 Dirksen Senate Office Building
Click here to watch live.
If you are a member of the press and plan on attending in person, please RSVP to your respective press gallery.
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