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Showing posts with the label U.S. politics

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...