Thomas Perez News
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Updated 23 minutes ago
Former Citigroup Inc. Chief Executive Officer Vikram Pandit is buying a stake in India’s JM Financial Ltd. and taking a leadership role as it seeks to set up a bank, the Mumbai-based company said.
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A Senate panel approved the nomination of Thomas Perez to be labor secretary, advancing President Barack Obama’s pick to succeed Hilda Solis as the nation’s top labor-law enforcer to the full U.S. Senate where Republican opposition is building.
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Senate Republicans are delaying at least two Cabinet-level nominations with potential effects on industries, complicating President Barack Obama’s second-term agenda.
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Thomas Perez’s nomination for U.S. labor secretary is running into mounting opposition from Senate Republicans, with some saying confirmation might be at risk. A committee vote on the nomination was delayed for a week.
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Republicans on the Senate Environment and Public Works Committee blocked a vote on confirming Gina McCarthy to head the Environmental Protection Agency by boycotting a meeting called to consider the nomination.
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Thomas Perez, nominated by President Barack Obama to be U.S. Labor secretary, clashed with Senate Republicans at his confirmation hearing over decisions he made as the Justice Department’s top civil rights lawyer.
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President Barack Obama’s nominee for Secretary of Labor led efforts to arrange a deal that may have cost U.S. taxpayers as much as $200 million, according to congressional Republicans.
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Republicans on the Senate committee weighing the nomination of Thomas Perez to be U.S. Labor Secretary are seeking to postpone a panel vote this week that would advance his selection to the full Senate.
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When Thomas Perez was nominated in 2009 to a top Justice Department post, Senate Republicans delayed a vote for months over his past work with a group that aids immigrants, regardless of their legal status.
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President Barack Obama named Thomas Perez, an assistant U.S. attorney general, as his choice for labor secretary in his second term.
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