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Department of Labor

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    The US Senate has confirmed Keith Sonderling as Secretary of Labor. Sonderling, a former Labor Department official and Florida-based attorney, now takes charge of the department overseeing workplace rights, wages and unemployment programs. Details beyond the confirmation vote remain limited, and reaction from lawmakers and labor groups is not yet clear.

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    Senate confirms Keith Sonderling as labor secretary▼Senate confirms Keith Sonderling, a business ally, as labor secretary✉newsBusiness9 h ago

    The Senate has confirmed Keith Sonderling, described as a business ally, as US labor secretary. Sonderling, previously a senior official at the Labor Department, will now lead the agency responsible for workplace standards, wage policy, and worker protections. The confirmation places a management-side figure at the helm of labor policy, drawing attention to how the department will balance employer and worker interests going forward.

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    Senate confirms Trump's Labor Department pick▼Senate approves Trump's pick to lead the Labor Department✉newsWorld13 h ago

    The United States Senate has approved President Trump's nominee to lead the Department of Labor. The confirmation vote allows the nominee to formally take charge of the department, which oversees workplace rules, wages and employment policy. Details about the vote count and the nominee's name were not included in initial reports, and reaction from lawmakers and labour groups has not yet been widely reported.

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    Trump SEC joins DOL in push on private equity▼Trump SEC follows DOL in private equity bailout push✉newsBusinessMarkets19 h ago

    The Securities and Exchange Commission under the Trump administration is moving in step with the Department of Labor on measures seen as supporting private equity, an approach critics describe as a bailout push for the industry. The Private Equity Stakeholder Project, a watchdog group, flagged the development, arguing regulators are opening the door for retirement funds and retail investors to take on private equity risks.