(Bloomberg) -- President Trump named a former assistant attorney general during the George W. Bush administration R. Alexander Acosta as his new nominee for labor secretary.

R. Alexander Acosta replaces Trump’s first nominee for the position, Andy Puzder, who withdrew his name Wednesday amid controversy over his personal life and business background.

As chief of the Labor Department, Acosta would have to contend with a multitude of issues, which could include deciding the fate of the fiduciary rule. Trump recently asked the department to reexamine the regulation and possibly rescind it.

Acosta-Alexander
Bloomberg

“He’s intense, hardworking, but I think in contrast to Puzder, he’s going to get things done more quietly,” said Tammy McCutcheon, who served as administrator of the Wage and Hour Division of the Labor Department during the Bush administration. “He will be quietly efficient. I don’t think you’ll see a lot of difference in his policy positions from Puzder.”

Acosta, the first Hispanic Trump has chosen for his cabinet, met with the president Wednesday evening, a White House official said. He served as assistant attorney general for the Civil Rights Division under President George W. Bush, was U.S. attorney for the Southern District of Florida and is a former National Labor Relations Board member. He clerked for Supreme Court Justice Samuel Alito when he was an Appeals Court judge.

Acosta is currently the dean of Florida International University and the chairman of U.S. Century Bank.

Puzder, a fast-food executive who had been scheduled for a Senate confirmation hearing Thursday, ran into trouble in the Senate over his admission that he employed an undocumented housekeeper. Also shadowing his nomination were divorce-court proceedings that included a domestic-abuse allegation. Some conservatives had questioned his pro-immigration stance.

In the 52-48 Senate, three Republican defections would have doomed Puzder if all 48 Democrats voted to deny him, and as many as a dozen GOP senators had indicated they wouldn’t back the nomination.

Puzder is head of the fast-food conglomerate CKE Restaurants, which owns includes Carl’s Jr. and Hardee’s. His withdrawal came after a week that saw party-line confirmations in the Senate and a tie-breaking vote cast by Vice President Mike Pence to confirm Education Secretary Betsy DeVos. That 51-50 tally was the first time a vice president ever broke a tie on a cabinet nomination.

Trump has already lost one senior member of his administration: He dismissed Mike Flynn as national security adviser on Monday because the administration said he may have misled the president and vice president about his communications with a Russian envoy.

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access