in the news
Jacob Explores What Lies Ahead for Department of Labor in 2018 in Bloomberg BNAJanuary 02, 2018
O’Melveny partner Gregory Jacob was recently quoted in two editions of Bloomberg BNA’s Daily Labor Report.
In a January 2, 2018, article on the Department of Labor’s agenda for 2018, Jacob, a Department of Labor solicitor under President George W. Bush, discussed the number of top positions that remain unfilled at the agency. New hires, he said, “will be able to more confidently address questions of what are the department’s enforcement positions, what is the guidance that we want to provide to employers and employees as to the ways we want to enforce the rules that are on the books, and how do we move forward with the regulatory items on the agenda. Without having a political head in place, it’s hard to move expeditiously on those things.”
In a December 26, 2017, story on the Department of Labor’s Employee Benefits Security Administration, Jacob discussed the recent appointment of Preston Rutledge as the agency’s assistant secretary. Getting a leader in place will allow the agency to “really get their arms around everything and think through things in a methodical way,” Jacob told the publication.
Washington, DC-based Jacob represents financial services companies including banks, investment managers, health care payors and insurers, as well as other employers in class action and other litigation concerning ERISA and other labor and employment matters.