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."
The Reddit trading community's formal comment letter against the proposal is drawing widespread attention across finance and tech circles.
RIA aggregator adds $4.8 billion in client assets across seven states as demand grows for alternatives to traditional succession models.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Shareholder targets FS KKR Capital's directors over alleged portfolio valuation and dividend missteps.
UBS has a history of costly litigation stemming from the sale of volatile investment products.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline