SEC To Approve Dodd-Frank Pay Gap Rules

Published August 5, 2015 at 12:33 PM CDT

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Former Sen. Chris Dodd (D-CT) (3rd R) speaks during a news conference on the fifth anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act with (L-R) Sen. Chuck Schumer (D-NY), Sen. Elizabeth Warren (D-MA), Sen. Patty Murray (D-WA), Sen. Jack Reed (D-RI), Sen. Sherrod Brown (D-OH), Sen. Jeff Merkley (D-OR), Sen. Chris Coons (D-DE) and Sen. Richard Durbin (D-IL) at the U.S. Capitol Visitors Center July 21, 2015 in Washington, DC. (Chip Somodevilla/Getty Images)

It will soon be easier for millions of Americans to compare their paycheck to the CEO’s.

The Securities and Exchange Commission is slated to finalize a rule to make companies disclose the pay gap between CEOs and regular employees. It’s part of the Dodd-Frank financial reform law and it comes after years of debate on the topic.

Ali Velshi of Al Jazeera America joins Here & Now‘s Peter O’Dowd to discuss the rule, how it will work and why it took so long to finalize.

Guest

Ali Velshi, host of “Ali Velshi on Target” on Al Jazeera America. He tweets @AliVelshi.