White House blocks Obama-era rule expanding pay data from companies

U.S. President Donald Trump signs an executive order cutting regulations, accompanied by small business leaders at the Oval Office of the White House in Washington U.S., January 30, 2017. REUTERS/Carlos Barria

WASHINGTON, D.C. — The Trump administration has blocked a rule requiring employers to report detailed pay data broken down by gender and race, echoing business groups by saying it would not have the intended effect of addressing wage gaps.

The U.S. Equal Employment Opportunity Commission adopted the requirements last year under President Barack Obama, saying the information was necessary to identify and address discriminatory wage gaps. But the White House Office of Management and Budget in a memo on Tuesday said the rule was burdensome to companies and could pose privacy and confidentiality issues. READ MORE …