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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

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Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less

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Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
LeadershipDemocratic National Commitee

Democrats Pick Obama-era Insider Tom Perez As DNC Chair

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February 25, 2017, 3:57 PM ET
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US Labor Secretary Tom Perez speaks as President Barack Obama listens during a town hall meeting at the Summit on Worker Voice at the White House in Washington, DC, on October 7, 2015. AFP PHOTO/NICHOLAS KAMM (Photo credit should read NICHOLAS KAMM/AFP/Getty Images)Nicholas Kamm — AFP/Getty Images
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U.S. Democrats elected former Labor Secretary Tom Perez as chairman on Saturday, choosing a veteran of the Obama administration to lead the daunting task of rebuilding the party and heading the opposition to Republican President Donald Trump.

Members of the Democratic National Committee, the administrative and fundraising arm of the party, picked Perez on the second round of voting after one of the most crowded and competitive party leadership elections in decades.

Perez will face challenges in trying to unify and rejuvenate a party still reeling from the Nov. 8 loss of Democratic presidential candidate Hillary Clinton and anxious to channel the growing grassroots resistance to Trump into political support for Democrats at all levels of government across the country.

Trump Administration Just Took Its First Step Toward Building the Mexican Border Wall

“We are suffering from a crisis of confidence, a crisis of relevance,” Perez, a favorite of former Obama administration officials, told DNC members. He promised to lead the fight against Trump and change the DNC’s culture to make it a more grassroots operation.

Perez beat top challenger U.S. Representative Keith Ellison of Minnesota, who was backed by liberal leader U.S. Senator Bernie Sanders of Vermont, on a 235-200 vote. Perez is the son of Dominican immigrants, while Ellison is the first Muslim elected to the U.S. Congress.

The showdown between candidates backed by the establishment and progressive wings of the party echoed the bitter 2016 primary between Clinton and Sanders, a rift Democrats will try to put behind them as they turn their focus to fighting Trump.

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