President Trump has indicated he will announce new appointees for a Federal Reserve governor and the Bureau of Labor Statistics (BLS) chief this week. The appointments follow the recent resignation of Fed governor Adriana Kugler and the dismissal of BLS Commissioner Erika McEntarfer.
These appointments are seen as significant as they give the administration an opportunity to place individuals aligned with its economic policies. The Federal Reserve governor, once confirmed by the Senate, would join the board that helps set monetary policy, including interest rates. The BLS chief oversees the production of key economic data, such as the monthly jobs report and inflation figures.
RATE CUTS ARE COMING! 🚀
