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On Wednesday, MHI joined its business coalition partners in sending a letter to the U.S. Department of Labor urging the agency to delay implementation of the overtime final rule pending judicial review. There are currently four legal challenges to the overtime rule, yet the July 1 effective date has not changed despite this legal uncertainty. The coalition noted that postponing the effective date would prevent a potential waste of time and resources trying to comply or implement a rule that could be invalidated by a court. A stay of the rule would protect workers whose terms and conditions of employment may be negatively impacted by the policy changes and reclassifications within the rule.

 

This is the second letter from the coalition that MHI has joined advocating for an extension on the deadline. The first was sent in May and highlighted the burdensome timelines the rule creates for businesses, particularly small businesses.

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Supreme Court Ruling Deals Blow to Bureaucratic Overreach

In a landmark decision on Friday, the Supreme Court overturned Chevron v Natural Resources Defense Council. Under Chevron, if a law granting a federal agency the power to enact regulations is later determined to be ambiguous, then courts would defer to the federal agency’s interpretation of the law when the federal agency’s regulations are reasonable. Thus, courts were required to defer to federal agencies when interpreting certain regulations.

Paula Reeves Appointed to New FHFA Advisory Committee

On Thursday, the Federal Housing Finance Agency (FHFA) announced the 20 inaugural members of its Advisory Committee on Affordable, Equitable, and Sustainable Housing. Ensuring manufactured housing’s seat at the table and voice in the conversation is Paula Reeves, President of the Affordable Housing Division of Land Home Financial.