U.S. Secretary of Labor Marty Walsh recently issued a statement on President Joe Biden’s nomination of Jerome Powell as Chair and Lael Brainard as Vice-Chair of the Federal Reserve.
Walsh said the nominees’ guidance has been responsive to the challenges facing workers during the pandemic and that they have helped to advance this worker-centered recovery,the Department of Interior announced on its website.
“These nominations are good news for America’s workers," Walsh said in the statement. "The president’s economic plan has produced a historic recovery that has restored 5.6 million jobs, increased worker power and raised wages for workers at the lower end of the income distribution."
Walsh also stated that these leaders share the administration’s focus on equitable economic growth.
"Chair Powell’s actions and Lael Brainard’s guidance have been responsive to the challenges facing workers during the pandemic and they have helped to advance this worker-centered recovery," Walsh said in the statement.
"Both of these independent leaders share the Administration’s focus on economic growth that benefits all workers, which is the key to building a more just and a resilient economy moving forward.”
Walsh was sworn in as the 29th Secretary of Labor in March. His service experience began in 1997 when he was elected as a State Representative in Massachusetts.
After serving as a state representative, Walsh was the mayor of the city of Boston for seven years.
"While mayor, he led the creation of close to 140,000 jobs and helped secure a statewide $15/hour minimum wage, paid sick leave, and paid parental leave. He established Universal, high-quality Pre-Kindergarten for all children, and free community college for low-income students." the department states.
"Secretary Walsh was a national leader in the response to COVID-19, getting PPE to first responders and nursing homes; funding emergency child care for healthcare and frontline workers; halting evictions and providing rental relief; and setting up multiple funds to help small businesses survive. His work early in the pandemic to pause construction and establish safety requirements has been lauded as a model by both unions and employers alike,"
