Young, Murphy Applaud President Biden’s Executive Action to Limit Non-Compete Agreements
WASHINGTON— On Thursday, U.S. Senators Todd Young (R-Ind.) and Chris Murphy (D-Conn.) applauded President Biden’s forthcoming Executive Action encouraging the Federal Trade Commission (FTC) to limit non-compete agreements.
“Non-compete agreements depress wages and stifle innovation. We’re glad to see the Biden administration take this step to improve transparency and put workers first by encouraging the FTC to limit non-competes. Congress should go further and pass our bipartisan legislation, the Workforce Mobility Act, which would foster economic opportunities and make sure American workers have the freedom they need to find good-paying jobs,” said Senators Young and Murphy.
In February, Senators Young and Murphy reintroduced the bipartisan Workforce Mobility Act to limit the use of non-compete agreements that negatively impact American workers. Last year, Senators Young and Murphy led a bipartisan letter to the FTC urging them to take action to limit the use of non-compete agreements.
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