Bernie Sanders Advocates for Employee Ownership Council at Department of Labor

Supporting Employee-Owned Businesses

• 💡 Senator Bernie Sanders is proposing an amendment to support and promote the expansion of employee-owned businesses.
• 🎯 The amendment aims to leverage the Department of Labor to actively encourage this business model.

Establishing an Employee Ownership Council

• 🏛️ The amendment specifically calls for the creation of an Employee Ownership Council within the Department of Labor.
• 🛠️ This council would be appropriately staffed and include a seven-member advisory council on employee ownership.
• 📚 The initiative builds upon bipartisan legislation previously passed to establish employee ownership centers nationwide.

Benefits and Goals

• 🌱 The goal is to educate workers and retiring business owners about the benefits of employee ownership.
• ✅ Sanders views this amendment as non-controversial and seeks support from colleagues.

Legislative Action

• 🗳️ The amendment, Sanders amendment number one to S1728, was brought up for a vote.
• 📈 The amendment passed with 23 'yes' votes and zero 'no' votes.