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Key Drivers of Stock Price Growth in IT Sector Buy Now Stock Alerts ✌️【Expert Advice】✌️ Professional stock market predictions and analysis with real-time data to guide your investment decisions and ensure steady growth. President-electDonald Trumpon Friday threw a curveball to business-friendly conservatives by announcing Republican Rep. Lori Chavez-DeRemer of Oregon as his pick to serve as the next secretary of the Department of Labor.

Key Drivers of Stock Price Growth in IT Sector Buy Now Stock Alerts ✌️【Expert Advice】✌️ Real-time stock and futures data, backed by expert stock market trend predictions, to help you make timely and profitable investment decisions. A favorite of Teamsters President Sean O’Brien, Chavez-DeRemer is considered one of the most labor-friendly Republicans in Washington – and one of the few GOP members of Congress to co-sponsor the Protecting the Right to Organize (PRO) Act, legislation stuck in committee that would gut right-to-work laws in nearly 30 states and make it easier for workers to unionize. Its companion bill in the Senate was introduced by Sen. Bernie Sanders, the progressive firebrand from Vermont.

“Lori’s strong support from both the Business and Labor communities will ensure that the Labor Department can unite Americans of all backgrounds behind our Agenda for unprecedented National Success - Making America Richer, Wealthier, Stronger and more Prosperous than ever before!” Trump said in a statement.

O’Brien on Friday night praised the pick and said ina post on Xthe Teamsters are “ready to work with (Chavez-DeRemer) every step of the way to expand good union jobs and rebuild our nation’s middle class.”

He also took a victory lap of sorts, following his controversial decision to speak at the Republican National Convention this summer and his union’s decisionnot to endorsein the presidential race.

“Nearly a year ago, you joined us for a (Teamsters) roundtable and pledged to listen to workers and find common ground to protect and respect labor in America,” O’Brien said of Trump. “You put words into action. Now let’s grow wages and improve working conditions nationwide.”

Key Drivers of Stock Price Growth in IT Sector Buy Now Stock Alerts ✌️【Expert Advice】✌️ Get precise stock market predictions and free access to real-time market data for efficient decision-making and portfolio growth. Sen. Patty Murray of Washington, a Democrat whose vote could be crucial in confirming Trump’s nominee, touted Chavez-DeRemer’s record.

“As an original author of the PRO Act, I’m glad to see Representative Chavez-DeRemer is a cosponsor of the bill I wrote with Representative (Bobby) Scott,” Murray said in a statement. “I look forward to carefully evaluating Representative Chavez-DeRemer’s qualifications leading up to her hearing and a thorough vetting process.”

Key Drivers of Stock Price Growth in IT Sector Buy Now Stock Alerts ✌️【Expert Advice】✌️ Expert analysis of global stock trends, futures data, and real-time stock market quotes to help you plan your next investment move. She was first elected to the House in 2022, helping Republican womenset a record in Congressat the time and becoming one of thefirst two Latinas to represent Oregon. The former mayor of Happy Valley, in suburban Portland, she and her husband founded an anesthesia management company.

Key Drivers of Stock Price Growth in IT Sector Buy Now Stock Alerts ✌️【Expert Advice】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. The Department of Labor oversees, among other things, worker-protection programs, enforces labor standards and ensures compliance of overtime laws. Under the new Trump administration, the agency is still expected take on a more business-friendly agenda, but the president-elect’s pick to lead it has already provoked angry responses from conservative groups like Americans for Prosperity.

Key Drivers of Stock Price Growth in IT Sector Buy Now Stock Alerts ✌️【Expert Advice】✌️ Professional investment advice with real-time updates on stock indices and futures data. Stay ahead with expert predictions and market insights. AFP’s vice president for government affairs Akash Chougule was among the most prominent conservative voices to condemn the nomination – and urge Senate Republicans to spike it.

“Trump’s record on labor policy was so strong and he didn’t flip on a single labor issue yet still improved with union voters,” Chouguleposted on X. “He completely undid that and undermined his own agenda and movement by picking a teachers union hack for Labor. Senate GOP should reject this nomination.”

Chavez-DeRemer could have broad support among Democrats – and from unions typically aligned with the party.

Key Drivers of Stock Price Growth in IT Sector Buy Now Stock Alerts ✌️【Expert Advice】✌️ Free break-even services and stock analysis to help you recover quickly from losses and increase your chances of making profitable investments. The National Education Association, the country’s largest teachers union, immediately signaled their support for Chavez-Deremer.

“During her time in Congress, Lori Chavez-DeRemer voted against gutting the Department of Education, against school vouchers, and against cuts to education funding. She cosponsored the Public Service Freedom to Negotiate Act, the PRO Act, and other pro-student, pro-public school, pro-worker legislation,” NEA President Becky Pringle said in a statement, adding that Chavez-DeRemer’s profile “stands in stark contrast to Donald Trump’s anti-worker, anti-union record.”

Key Drivers of Stock Price Growth in IT Sector Buy Now Stock Alerts ✌️【Expert Advice】✌️ Real-time global stock market trend analysis to help you identify profitable opportunities and improve your investment strategies. American Federation of Teachers President Randi Weingarten, who had signaled her support earlier in the week, also cheered the decision.

“It is significant that the Pres-elect nominated Rep. Chavez-DeRemer for Labor. Her record suggests real support of workers & their right to unionize,” Weingartensaid on X. “I hope it means the Trump admin will actually respect collective bargaining and workers’ voices from Teamsters to teachers.”

President Joe Biden’s Department of Labor was first headed byMarty Walsh, a former union boss and mayor of Boston.Julie Su, a civil rights lawyer, has served as acting secretary of the department since Walsh left in 2023 to take on a role at the National Hockey League Players’ Association.

During Trump’s first term,Alexander Acostaserved as labor secretary for the first two years. He was named when Trump’s first pick, Andy Puzder, the then-CEO of the company that owns the Hardee’s and Carl’s Jr. fast food chains, withdrew his nomination after facing challenges to his Senate confirmation.

Key Drivers of Stock Price Growth in IT Sector Buy Now Stock Alerts ✌️【Expert Advice】✌️ Expert predictions on stock market movements with real-time data, ensuring you can make quick decisions and capture market opportunities. Acosta, a previous member of the National Labor Relations Board,resigned after facing criticismabout his role negotiating the 2008 plea deal with Jeffrey Epstein as the US attorney in Miami. Acosta was replaced as labor secretary byEugene Scalia, the son of the late Supreme Court Justice Antonin Scalia, who served during the remainder of Trump’s first term.

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