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Treasury Secretary Yellen visits Milwaukee, announces grant for WRTP | BIG STEP

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Treasury Secretary Yellen visits Milwaukee, announces grant for WRTP | BIG STEP


MILWAUKEE – The Wisconsin Regional Training Program’s building on the west side of Milwaukee is usually filled with future tradesmen, learning skills to take to the workforce. On Friday, it was filled with local leaders and laborers anticipating the arrival of U.S. Treasury Secretary Janet Yellen and a major announcement that WRTP | BIG STEP will receive a $1.5 million dollar grant from the federal government to modernize the facility.

Secretary Yellen’s appearance was one of the many times the Biden Administration has communicated support for the trades as a profession. On Wednesday, the United Auto Workers Union endorsed President Biden. Swing states filled with blue-collar workers, like Wisconsin and Michigan, are of critical importance as President Biden enters a reelection bid.

Secretary Yellen toured the WRTP | BIG STEP facility, where she spoke with students about their manufacturing projects. She was joined by Governor Tony Evers, Milwaukee County Executive David Crowley, U.S. Representative Gwen Moore (D-Milwaukee), and WRTP | BIG STEP CEO Lindsay Blumer.

Student Tyonna Love is learning to work in the trades, and shared that “[she] joined the WRTP program in order to pursue a career in construction field. I felt there was a need for more women. It feels good to be acknowledged, and that they know we are on the rise.”

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Secretary Yellen learning about Milwaukee’s future tradesmen. WTMJ NEWS

Secretary Yellen also spent time with the Wisconsin political delegation in a roundtable discussion with selected students and attendees. Rep. Moore credited Gov. Evers for bringing federal money to Wisconsin so it could be invested in places such as WRTP | BIG STEP. “We are seeing this money not trickle down to our communities, but come in floods as we begin 2024,” she said.

Secretary Yellen further discussed the economy, commenting that “we’re seeing surveys that most households, 60%+, feel good about their personal finances and they expect 2024 to be a better year for the economy.” She acknowledged that inflation is still present, but the economy remains strong and that while “inflation from the past couple of years has left prices higher…wages have gone up too, but for awhile the price increases were higher. That’s no longer true. Over the last year wages have increased more rapidly than prices. Workers are getting ahead, and I have every expectation that will continue.”

The investment into WRTP | BIG STEP comes just one day after President Biden visited Superior, Wisconsin to announce a $1 billion dollar investment in the Blatnik Bridge.

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Milwaukee, WI

Brad Paisley to perform at BMO Pavilion in Milwaukee on Sept. 4

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Brad Paisley to perform at BMO Pavilion in Milwaukee on Sept. 4


Brad Paisley (Photo by Scott Dudelson/Getty Images)

Brad Paisley is scheduled to perform at the BMO Pavilion in Milwaukee on Sept. 4.

Ticket information

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What we know:

The ticket pre-sale for Brad’s fan club members, Paisley Nation, begins on Tuesday, May 12 at 10 am. All tickets available at BradPaisley.com.

The tour will also offer a variety of VIP packages and experiences for fans to take their concert experience to the next level. 

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FREE DOWNLOAD: Get breaking news alerts in the FOX LOCAL Mobile app for iOS or Android

Packages vary but include premium seats, a guided backstage tour, VIP-exclusive gift item, early entry & more. VIP package contents vary depending on the selected offer. For more information, visit VIPnation.com.

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The Source: The information in this post was provided by Live Nation. 

 

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WSJ: Billionaire Milwaukee Bucks co-owner targeted in extortion scheme – UPI.com

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WSJ: Billionaire Milwaukee Bucks co-owner targeted in extortion scheme – UPI.com


Billionaire Wes Edens, co-founder of Fortress Investment Group and co-owner of the Milwaukee Bucks NBA club, is shown at Sun Valley, Idaho, on July 9, 2015. The Wall Street Journal on Sunday identified Edens as the victim of a billion-dollar extortion plot allegedly hatched by an ex-lover. File Photo by Andrew Gombert/EPA

May 10 (UPI) — Wes Edens, the billionaire co-founder of Fortress Investment Group and an owner of the NBA’s Milwaukee Bucks, was the target of a billion-dollar extortion scheme allegedly perpetrated by an ex-lover, the Wall Street Journal reported Sunday.

A spokesman for Edens, 64, confirmed to the newspaper that the financier is the unnamed alleged victim in a federal indictment brought against Changli “Sophia” Luo of New York City.

Edens, one of world’s most successful global investment management firm leaders with Fortress, has developed and owned businesses in real estate, transportation, infrastructure, health care, financial services, media and entertainment.

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He is also a high-profile sports team owner, including the Bucks and soccer club Aston Villa of the English Premier League. He is credited turning the Bucks from a perennial cellar dweller into a champion squad over a five-year span, culminating in the 2021 NBA championship.

But he also fell victim to a lurid alleged “sextortion” scheme, his spokesman confirmed to the WSJ, admitting the Edens is the unnamed “Victim 1” cited an indictment filed last year in Manhattan federal court against Luo.

The indictment reportedly accuses her of trying to extort Victim 1 of more than $1 billion by threatening to release videos and photos of them engaged in sex. Prosecutors alleged Luo also threatened to contact the victim’s family members and business partners in a threat to destroy his fortune if he did not pay up.

According to the indictment, Luo was arrested June 14 at JFK International Airport as she tried to board a flight to China, the New York Post reported.

“Mr. Edens will be making no comment on the case as the indictment speaks for itself with respect to the charges against the defendant,” his spokesman told the Journal. “Mr. Edens expects to testify under oath at the upcoming trial.”

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Milwaukee Weather: Cooler Sunday with a slight chance for sprinkles

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Milwaukee Weather: Cooler Sunday with a slight chance for sprinkles


Forecast from FOX6 Meteorologist Lisa Michaels

Mostly sunny skies with partly sunny skies in the afternoon. There is a slight chance for a few sprinkles, but most areas remain dry. Highs near 60F on Sunday.
Patchy frost is possible again Sunday night into Monday morning as low temps inland can reach the lower 30s.
Cooler on Monday with easterly winds- low 50s near the lake to upper 50s inland.
A big boost in temperatures on Tuesday in the low 70s associated with a clipper system will bring the next chance of rain and a few storms.

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Today:    Mostly Sunny. Slight chance sprinkles.
High:     60°
Wind:     NW 5-15

Tonight:  Mostly Clear. Patchy frost.
Low:      38°
Wind:     N 5

Monday:   53 LAKE. Mostly sunny.
High:     57°
Wind:     E 5-10

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Tuesday:  Chance storms. Breezy.
AM Low:   39°                   High:  71°
Wind:     SW 10-25

Wednesday:Partly sunny.
AM Low:   46°                   High:  59°
Wind:     NW 5-15

Thursday: Mostly Sunny. Slight chance sprinkles.
AM Low:   42°                   High:  64°
Wind:     S 5-10

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Friday:   Chance of Rain
AM Low:   47°                   High:  72°
Wind:     SW 5-15
 

6-day planner

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FOX6 Weather Extras

Local perspective:

Meanwhile, FOX6Now.com offers a variety of extremely useful weather tools to help you navigate the stormy season. They include the following:  

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FOX6 Storm Center app

FOX LOCAL Mobile app

FOX Weather app

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FOX Weather

Big picture view:

Maps and radar

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We have a host of maps and radars on the FOX6 Weather page that are updating regularly — to provide you the most accurate assessment of the weather. From a county-by-county view to the Midwest regional radar and a national view — it’s all there.

School and business closings

When the weather gets a little dicey, schools and businesses may shut down. Monitor the latest list of closings, cancellations, and delays reported in southeast Wisconsin.

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