The US president announced the nomination of the chief economist of the conservative Heritage Foundation and critic of the Federal Reserve.
The president of the United States, Donald Trumpannounced the nomination of Ex Antonicurrent chief economist of the conservative organization The Heritage Foundationto hold the position of commissioner of the Office of Labor Statistics (BLS). The designation occurs after the cessation, at the beginning of August, of the previous holder, Erika Mtntarfer.
“I am pleased to announce that the respected economist Dr. EJ Antoni as the next commissioner of the Office of Labor Statistics. Our economy is booming, and eg will ensure that the published figures are honest and precise. I know he will do incredible job. Congratulations, eg! ”Trump wrote in his truthsocial account.
Who is eg Antoni
Antoni is a deregulation defender and an open critic of the Federal Reserve. In recent years he questioned the work of the BLS, denouncing an alleged upward bias in the initial employment reports and ensuring that “all postpandemic data have been highly problematic.” As recently pointed out, “Only the constant delivery of precise and timely data will reconstruct the lost confidence in the statistical office,” And he said that there are more efficient methods to collect, process and disseminate labor information.
Trump
The dismissal of Mtientafer, decided by Trump on August 1, happened just hours after the agency published the Julio Employment Report, which showed a creation of jobs well below the expected and downward reviews of the May and June data. These adjustments fed the president’s criticism about the reliability of official statistics.
Antoni’s appointment is part of a political context in which Trump promised to “purify” federal organizations that, according to him, have lost credibility. If the designation is completed, the new commissioner will have under its responsibility the production of the main labor indicators of the country, data that are key to economic policy, the financial market and The decisions of the Federal Reserve.
Source: Ambito
