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FOX Business Flash top headlines for February 7<\/h2>\n

Check out what’s clicking on FoxBusiness.com<\/p>\n

Secretary of Labor Marty Walsh will likely step down from his role in the Biden administration, a source close to Walsh tells Fox News.<\/p>\n

Walsh is in talks to lead the NHL Players' Association, which represents professional hockey players from the U.S. and Canada. The deal is not final. <\/p>\n

FED'S POWELL SAYS BLOWOUT JOBS REPORT SHOWS INFLATION FIGHT HAS A WAYS TO GO<\/strong><\/p>\n

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U.S. Secretary of Labor Marty Walsh speaks at a press conference after touring the Port of Los Angeles<\/span> (Mario Tama\/Getty Images \/ Getty Images)<\/span><\/p>\n

Biden did not push for Walsh’s departure, and Walsh did not seek out the job, but he is a "huge hockey fan" and excited, according to the source. <\/p>\n

A fan of the Boston Bruins, Walsh showed an encyclopedic knowledge of the sport in videos posted online during his tenure from 2014 to 2021 as mayor of Boston.<\/p>\n

Walsh, 55, would be the first member of President Biden's Cabinet to depart. <\/p>\n

US LABOR CHIEF SAYS POOR IMMIGRATION POLICY IS 'BIGGEST THREAT' TO ECONOMY<\/strong><\/p>\n

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President Biden, right, shakes hands with Labor Secretary Marty Walsh during an event in the Rose Garden of the White House Sept. 15, 2022, in Washington, D.C.<\/span> (Anna Moneymaker\/Getty Images \/ Getty Images)<\/span><\/p>\n

He previously served as the mayor of Boston before leaving office during his second term to join the Biden administration. <\/p>\n

As labor secretary, he helped broker a work agreement between major freight railroads and their unions, preventing the risk of a strike that could have disrupted the U.S. economy ahead of the 2022 midterm elections. <\/p>\n

Congress later imposed a contract on the unions after workers failed to ratify the agreement.<\/p>\n

CLICK HERE TO READ MORE ON FOX BUSINESS<\/u><\/strong><\/p>\n

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Secretary of Labor Marty Walsh listens as he is introduced at a press conference about the Bipartisan Infrastructure Law at Springfields Union Station in Springfield, Massachusetts, on Dec. 13, 2021.<\/span> (Jessica Rinaldi\/The Boston Globe via Getty Images \/ Getty Images)<\/span><\/p>\n

In January, Biden said Walsh was making sure government construction projects paid a desirable wage and that apprenticeship programs were giving blue-collar workers needed skills.<\/p>\n

The Associated Press contributed to this report.<\/i><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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