"Controversy Surrounds Biden's Independent Contractor Rule Impact on Small Businesses"
The House Committee on Small Business is urging the Department of Labor to reconsider its new rules for determining independent contractor status, warning that the regulations will disproportionately impact small businesses, particularly in the construction, trucking, and health care industries. The new rule makes it more difficult for businesses to classify workers as independent contractors, leading to concerns about the livelihoods of entrepreneurs and the ability to hire gig workers. Several trade groups and business organizations have also raised alarms over the rule, arguing that it fails to consider its impact on small businesses and could disrupt their partnerships with independent contractors.