In a 68-29 vote Monday, the Senate confirmed Boston Mayor Marty Walsh to be Labor secretary.
Walsh became a union member at 21 and rose to lead the Boston Trades Council, which represents ironworker and electricians unions, among others. He also served for 17 years as a Massachusetts state representative. He has been mayor of Boston since 2014.
Walsh's confirmation was a victory for AFL-CIO President Richard Trumka, who rallied his federation of 56 unions to back Walsh soon after Biden won the election in November.
"For four years, working families have lived with a Labor Department devoted to serving a handful of elite interests," Trumka said in a statement. "Now, the power to enforce safety and equity in our workplaces has been handed from a ruthless corporate lawyer to a proud union brother."
Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.
Reshuffle provides strong indication of where the regulator's priorities now lie.
Goldman Sachs Asset Management report reveals sharpened focus on annuities.
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Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today’s choppy market waters, says Myles Lambert, Brighthouse Financial.
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