Multinationals are outsourcing and consolidating retirement plans to cut risk, reduce costs, and adapt to shrinking local HR support and evolving governance models.

On July 4, 2025, the president signed the “One Big Beautiful Bill,” which includes a federal income tax deduction on nonexempt workers’ overtime pay covered by the Fair Labor Standards Act.

On June 29, 2023, the US Supreme Court ruled colleges' use of race as a factor in student admissions is unconstitutional.