based on materials from the site - By Coincu
E. J. Anthony, Chief Economist and Critic of the U.S. Bureau of Labor Statistics (BLS), is a leading candidate for the position of Director of the Bureau after the removal of Erika McEntarfer by Trump following a weak employment report.
The potential appointment of Anthony signals a shift towards significant methodological reforms in the U.S. Bureau of Labor Statistics, which will affect the reliability of U.S. economic data and macroeconomic indicators, as well as cryptocurrency markets.
The Trump administration is considering reforming data with the appointment of Anthony.
The Trump administration is considering E. J. Anthony for the position of Director of the U.S. Bureau of Labor Statistics following the dismissal of Erika McEntarfer after a weak employment report for July. This move highlights potential reforms in employment data methodology, as Anthony openly criticizes the agency's current practices.
The appointment of Anthony reflects President Trump's intention to reform the U.S. Bureau of Labor Statistics, which could lead to significant methodological changes. Immediate consequences include enhanced quality control of employment data, which could impact economic policy decisions.
"No, unfortunately, there are still people working there whose interests seem to be at odds with our necessary economic vision," said E. J. Anthony, Chief Economist of the Heritage Foundation.
Cryptocurrency markets are bracing for consequences amid debates over labor statistics.
Historical changes in U.S. labor statistics have often influenced cryptocurrency and stock markets, with reports sometimes causing directional volatility in Bitcoin and major stablecoins.
Bitcoin (BTC) remains the dominant player with a market capitalization of $2.37 trillion, having increased by 9.85% over the past 60 days. Trading volume reached $65.29 billion, reflecting a change of 21.16%. The price of BTC is currently $119,296.80, reflecting fluctuations caused by macroeconomic factors, according to CoinMarketCap.
$BTC , $XRP , $SUI
#MarketRebound , #Cryptomarketnews
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The information is retransmitted by us with the aim of familiarizing with changes in the "news agenda," and without claims to originality! Conclusions drawn after reading this information, every sane person will always make independently!!!
And what do you think, where else can the "great Donny" decide to change (implement/replace) the necessary and loyal people to strengthen influence in the desired direction?! 🙄🤔
