SC CFPB DIRECTOR ALTERS COURSE
Via The Wall Street Journal
The Trump administration wants to limit a federal regulator’s independence in policing the consumer-finance industry, the latest salvo by the White House to roll back Obama-era oversight put in place after the financial crisis.
Mick Mulvaney, acting director of the Consumer Financial Protection Bureau, on Monday asked Congress to pursue sweeping changes giving the executive and legislative branches control over the bureau’s regulations, leadership and budget. Major CFPB rules would need congressional approval…
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SUMMER EMPLOYMENT – RULES ON HIRING TEENS
With schools starting summer break, now is a great time for us to remind Dealers of the rules related to hiring teenagers.
Under the U.S. Department of Labor’s Drive for Teen Employment Act of 1998, licensed 16 year olds may not drive at all on public roadways while on the job but may drive on Dealership property. Licensed 17 year olds may drive on public roads while on the job if they have:
- Completed a state-approved driver education course
- Are instructed that seat-belts must be used
- Have no record of a moving violation at the time of hire
- The motor vehicle driven may not exceed 6,000 lbs. gross vehicle weight, must be equipped with a seat-belt, and may not be used for towing.
Driving by a 17 year old while on the job must be restricted to daylight hours within a 30 mile radius of the place of employment and may only be occasional and incidental. Occasional and incidental means that a teen employee may not spend more than 1/3 of a work day nor more than 20 percent of a work week driving.
Drivers under 18 are prohibited from making urgent, time sensitive deliveries. Prohibited trips include, but are not limited to, delivery of materials under a deadline (i.e. deposit to the bank) and the shuttling of passengers to and from transportation depots to meet transportation schedules.
HELP THE LEGISLATURE FIGHT FOR YOU
- Franchise law protects you
- Fight against tax issues
- Protection from burdensome regulation
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- PAC supports legislators from your area who come support you at the State House