President Donald Trump announced that he will reveal his pick for a new commissioner of the Bureau of Labor Statistics (BLS) within the next three to four days.
This follows his recent dismissal of former BLS Commissioner Erika McEntarfer, who Trump accused of manipulating job data ahead of the 2024 election, although no evidence was presented to support these claims.
Trumpโs decision came after a weak jobs report for July, which showed only 73,000 jobs added, with downward revisions for previous months.
White House economic advisor Kevin Hassett defended the firing, claiming that the president wants more accurate and transparent economic data.
However, critics argue that this move could undermine public confidence in official statistics and damage trust in government reporting.
Trump also revealed plans to appoint a new Federal Reserve governor, following the resignation of Adriana Kugler.
He said that he already has candidates in mind and will make an announcement soon.
These moves are part of a broader effort by Trump to reshape key economic institutions to align more closely with his administrationโs policies.
The appointment of new officials to the BLS and Federal Reserve is closely watched, as these roles play a critical part in shaping U.S. economic data and monetary policy.
With ongoing concerns about global growth and domestic economic performance, these decisions could have significant long-term impacts.
President Donald Trump announced that he will reveal his pick for a new commissioner of the Bureau of Labor Statistics (BLS) within the next three to four days.
