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Trump Rolls Back Obama Regulation - Leaves Millions Furious

President Donald Trump’s affinity for fast food has been well documented, but there are some additional signs that the commander-in-chief is loving it when it comes to that sector of the hospitality industry. Trump has become an unexpected champion for fast food workers. Yes, seriously. As the Huffington Post shares, the Trump administration has been awfully friendly to the industry.

Whereas the Obama administration was pretty stringent with regulations affecting the sector, Trump has had somewhat of an open door policy to listen to concerns and come up with viable solutions.

“Lobbyists for restaurants, hotels and other franchised businesses spent the last several years fighting the Obama administration on one regulation after another. But the new White House occupant has heard their grievances, making industry-friendly changes to employment laws and how they’re enforced,” HuffPo reports. “That’s included abandoning Obama’s overtime reforms, shying away from a minimum wage raise, and limiting who’s considered an 'employer' under the law ― all of which have a disproportionate effect on lower-wage, labor-intensive fields like fast food. All told, the new administration has given McDonald’s and its friends plenty to cheer about."

Hmmm. So there has to be some kind of catch here, right? It doesn’t appear that way, as Matt Haller, senior vice president of the International Franchise Association, explains.

“The early signs are that it can be more like night and day in terms of approach,” he said. “We just want regulations that are fair and reasonable and very clear.”

The Trump administration has actually made a number of moves on that front, and we would expect that’s the equivalent of music to the ears of franchisees. The restaurant industry is tough to begin with. Add in a slew of rules and regulations that look great on paper but simply don’t work in the real world, and you have a situation that’s nearly unmanageable. It sounds like that’s changing, and that should benefit the fast food sector as a whole.

“In another early move, the Labor Department brought back what are known as 'opinion letters.' When employers are sued for allegedly not paying overtime or the minimum wage, they can ask the Labor Department to pen one of these letters in their defense, to be used in court,” HuffPo adds. “Weil likens them to a 'get-out-of-jail-free card' for employers, and the Obama administration did not issue them. Trump’s Labor Department, however, has trumpeted their return.”

This is an encouraging sign from an administration that hasn’t provided too many reasons to smile. While the economy has rebounded nicely under Trump, that’s been offset by the various storm clouds circling over the nation’s capital. From an optimist’s perspective, perhaps the good news for the fast food sector will carry over into other industries as well. Pessimistically, the Trump administration spends far too much time shooting itself in the foot. As such, it’s tough to expect actual positive news to emerge. Nonetheless, we’ll definitely take this one and hold out hope that there’s even more to come.

Source: HuffPost
Photo: YouTube

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