Union pension funds find bipartisan rescue efforts in congress

The Teamsters union’s largest pension fund is famous for appearing as a cash cow for mobsters in movies, most recently “The Irishman,” but the reality is the fund is running out of money. CQ Roll Call reporter Doug Sword joins the podcast to explain why the shrinking fund and its federal backstop’s projected insolvency have lawmakers on both sides of the aisle working to find a solution.

Show notes:

• Retirees’ worst nightmare: Federal backing of pension funds at risk

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