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Showing posts with the label U.S. Economy

Donald Trump Set to Appoint New Federal Reserve Governor and Labor Statistics Chief: A Bold Move to Control U.S. Economic Narrative

  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...

Who Really Pays for U.S. Tariffs – And Where Does the Money Go?

  Who Really Pays for U.S. Tariffs – And Where Does the Money Go? Published: July 29, 2025 By: MindsetMasteries.org Introduction Tariffs have become one of the biggest buzzwords in global economics — especially since President Trump came back into office. He has used tariffs as a tool for multiple goals: increasing government income, reducing the trade gap between the U.S. and other countries, and encouraging factories to bring production back to America. But a lot of people are still confused about how tariffs actually work. Most importantly — who really pays for these tariffs? And where does the money go after it's collected? In this article, we’ll break everything down using simple, clear language. Whether you’re in the U.K., U.S., Canada, or elsewhere, you’ll understand exactly how tariffs work — and how they affect everyday people. What Is a Tariff? A tariff is a kind of tax that a government adds to goods coming into the country from abroad. Imagine a fee placed on...