The U.S. Senate failed to confirm Lisa Gomez to head the Department of Labor’s Employee Benefits Security Administration.
The Senate voted 49-51 Wednesday on the question of confirming Gomez as assistant secretary of labor for the employee benefits agency. Gomez could be reconsidered before the full Senate at some point in the future, since Senate Majority Leader Chuck Schumer (D-N.Y.) changed his “yes” vote at the last minute to allow it. A spokesperson for Schumer didn’t immediately respond to a request for comment.
This is the second labor nominee the Senate has failed to advance. The Senate tanked David Weil, Biden’s pick to be the Labor Department’s Wage and Hour Division administrator, in March, when moderate Senate Democrats voted against him.
Gomez is a long-serving partner at Cohen, Weiss & Simon LLP in New York, where she focuses on employee benefits.
The Labor Department agency is charged with protecting employee benefit plan participants and beneficiaries. It’s currently facing litigation over recently issued guidance that cautioned the inclusion of cryptocurrency in 401(k) plans. The agency is also deliberating over whether and how it could proceed with a proposed regulation on environmental, social, and governance retirement investing—a pitch that’s drawn ire from more conservative parties, and held up Gomez’s nomination last year.
The Senate Health,...
A nursing home run by the family of Kim Keon-hee lost the first trial in a lawsuit seeking to cancel the National Health Insurance Service's disposition to claw back about 1.4 billion won in long-...