What was the name given to the richest leaders of industry in the late 1800s?

the u.s. department of labor is a cabinet-level federal agency that supports the american labor force. it has three overall functions. first, it protects the rights of workers and retirees. second, it provides job training. third, it provides statistics related to working, prices, and income.

he believed that congress would be better not dealing with "lobbyists", or people who seek to influence (a politician or public official) on an issue, since historically, they had problems with these kinds of people. he thought lobbying produces benefits, but should be carefully monitored.