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Business Highlights: Facebook lawsuits, rising gas prices
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New UAW President Ray Curry facing huge post-pandemic challenges
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Ray Curry Elected Next United Auto Workers Union President
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Watchdog finalizes foreclosure rule
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by Tyler Durden
Saturday, Jun 26, 2021 - 07:15 PM
UAW President Rory Gamble has announced he is going to be retiring on June 30, one year earlier than expected.
The retirement comes as the union attempts to shake a sullied public image as a result of 11 former officials being convicted of Federal crimes in recent years.
Gamble was instrumental in helping negotiate deals to resolve criminal investigations into the union. The resultant settlements will give the Federal government prolonged oversight and broad control over the union. In other words, the gravy train could officially be over for top union officials.
He also worked to reorganize the union, disbanding a 17-state region based in Missouri that employed leaders involved in financial wrongdoing, according to The Detroit News.