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  Donald Trump Set to Appoint New Federal Reserve Governor and Labor Statistics Chief: A Bold Move to Control U.S. Economic Narrative Published: August 4, 2025 In a move that could reshape the direction of U.S. economic policy and raise international concerns, President Donald Trump has announced plans to appoint two key officials to positions that hold major influence over the nation’s financial outlook: a new Federal Reserve governor and a new head of the Bureau of Labor Statistics (BLS) . This decision comes in the wake of growing controversy after Trump abruptly fired the current BLS commissioner , Erika McEntarfer, following the release of disappointing job data. The dismissal has drawn criticism from economists, lawmakers, and international observers who fear that the Trump administration is moving to politicize traditionally independent economic institutions . But to Trump and his allies, these changes represent a strategic overhaul —an opportunity to regain control ov...

 Why This Week Might Be the Most Important for the Global Economy in Years Introduction This week could change everything. The economic direction of the United States—and possibly the rest of the world—is being tested by a series of high-stakes events. We're talking about interest rate decisions, inflation reports, a major jobs update, and dramatic moves in global trade. These events, all arriving in the same week, are like a storm hitting Wall Street and Main Street at once. If you’re living in the US, UK, or Canada—or simply care about the global economy—what happens now might affect your job, your savings, the cost of goods, and the future of your investments. Here’s what’s happening, why it matters, and what it could mean for you. 1. The Spotlight Is on Trump’s Economy President Donald Trump’s economic policies are under close examination right now. A wave of new data is coming in: second-quarter GDP, inflation numbers, corporate earnings, consumer confidence, and the...