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House Passes Landmark Retire Through Ownership Act with Strong Bipartisan Majority
Source: Business Wire
Regulation & LegislationElections & Domestic PoliticsCapital Returns (Dividends / Buybacks)
The U.S. House passed the Retire Through Ownership Act, landmark employee stock ownership plan (ESOP) legislation, sending it to the President for signature. The measure could expand employee ownership and retirement-wealth-building mechanisms, though the article provides no details on fiscal cost, implementation timing, or affected companies.
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