Story highlights Andrew Puzder was Trump's first pick to leader the Labor Department

He withdrew his nomination Wednesday

(CNN) President Donald Trump announced Thursday his plan to nominate Alexander Acosta as labor secretary, who, if confirmed, would be the first Hispanic member of Trump's Cabinet.

Trump told assembled reporters Acosta is going to be "a tremendous secretary of labor."

The nomination comes one day after Andy Puzder, Trump's first pick to lead the department, withdrew his nomination.

Trump said that Acosta "has been through Senate confirmation three times, confirmed." The comment was an apparent reference to his administration's struggle to get all of their nominees through the Senate.

"I have wished him the best, we just spoke and he is going to be a tremendous secretary of labor," Trump said. Acosta -- the son of Cuban immigrants -- was not at the event with the President.

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