Andrew Puzder, President Trump's pick to head the Labor Department, is withdrawing his name as nominee to the Cabinet position.
"After careful consideration and discussions with my family, I am withdrawing my nomination for Secretary of Labor. I am honored to have been considered by President Donald Trump to lead the Department of Labor and put America's workers and businesses back on a path to sustainable prosperity," he said in a statement (see Puzder's blog).
Puzder's withdrawal will likely affect execution of Trump's order to review the fiduciary rule. Several sources told BenefitsPRO on record last week that a review couldn't be done without a sitting Labor head.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.