On Friday he fired the director of the Office of Labor Statistics, whom he will also replace in the next few days. The Republican intensifies its influence on the country’s key economic institutions.
He President of the USA, Donald Trumpwill announce in the next few days the appointment of a new Governor of the Federal Reserve (Fed) and a new head of Labor Statistics. These are two designations that They could define your economic agenda in a context of growing concern about the impact of its tariff policies on the US economy and international trade.
Regarding the Fedthe president indicated that he has “A couple of people in mind” to hold the position that was vacant after Adriana Kugler He announced on Friday his resignation to the Board of Governors, since he did not expire until January. Among the aforementioned candidates are Kevin Hasett, Director of the National Economic Council; Kevin Warshformer governor of the Fed; Christopher Wallercurrent governor of the Fed; and Scott BesentSecretary of the Treasury.
The departure of Kugler It occurred in the middle of a new climbing in the public pressure of the White House on the Central Bank with respect to interest rates. In one of his last interventions, the president described the Chief of the Fed as “Too angry, too stupid and too political“For systematically refusing to vote for a rate reduction.
Donald Trump
Controversy in labor statistics
Added to its constant attacks against Fedlast Friday Trump dismissed Erika Mtntarferdirector of the Labor Statistics Office (BLS). A few hours before the Non -agricultural payroll report (NFPfor its acronym in English), the main indicator of the US labor market. He showed a weaker employment of the expected.
His dismissal was criticized for his predecessor, who described him as an unfounded measure. “This is harmful”declared William Beach on American television, whom Trump designated in his first mandate to direct the BLS. “I don’t think there are fundamentals for this dismissal”.
Beach pointed out that studies indicate that agency’s data are more precise than 20 or 30 years agoincluding any review of the initial data. Even so, he said he will trust future BLS data because those who work for the agency are “Some of the most loyal Americans who can imagine,” turning the office into “the best statistical agency in the world.”
Mtientfer had been confirmed by the Senate with A bipartisan vote of 86-8. Vice President JD Vance, then Senator, voted in favor of his nomination. For its part, Hassetin statements to the American press, he claimed that the great review of the employment data were poorly explained and constituted sufficient evidence to have “A new perspective” In the BLS.
Source: Ambito
