WASHINGTON, Sept. 16 -- Sen. Tim Kaine issued the following press release:

WASHINGTON, D.C. - Today, U.S. Senator Tim Kaine (D-VA) released the following statement celebrating the passage of the Retire through Ownership Act, bipartisan legislation he introduced with Senator Roger Marshall (R-KS) to facilitate the establishment and operation of employee stock ownership plans (ESOPs), which allow workers to directly share in the profits they help their company earn, leading to higher wages and more wealth-building:

"ESOPs help workers make more money, build their retirement, and feel a sense of ownership and connection toward their places of work. I am glad that this bipartisan legislation, which will help companies to establish new ESOPs a...