UPDATE 1-AFL-CIO labor group opposes US asbestos fund bill

Newswire

(Adds detail, background) WASHINGTON, April 22 (Reuters) - The largest U.S. labor organization said on Friday it would oppose recently introduced legislation to create a $140 billion asbestos compensation fund, saying it did not go far enough to compensate victims of the fibrous mineral. The AFL-CIO labor federation said in a statement that the bill introduced earlier this week by a bipartisan group of senators "fails to ensure victims just and timely compensation and would leave tens of ...

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