Ukraine's President Zelenskyy appointed Canada's former finance minister Chrystia Freeland as an economic adviser to bolster Ukraine's internal resilience amid ongoing conflict and government shake-ups, highlighting her extensive experience and deep ties to Ukraine.
Stephen Miran, a top White House economic adviser, plans to take an unpaid leave of absence from the administration while serving at the Federal Reserve, allowing him to hold both positions simultaneously.
Donald Trump has nominated Peter Navarro, a former aide who served prison time for contempt of Congress, as a senior economic adviser in his upcoming administration. Navarro, known for his strong stance against China, will focus on trade and manufacturing policies aimed at boosting American industry. Trump praised Navarro's past efforts in renegotiating trade deals and enforcing 'Buy American, Hire American' policies. Despite legal challenges, Navarro remains a staunch supporter of Trump, who also announced other key nominations for his administration.
A top Biden economic adviser, Lael Brainard, has called for grocery chains to reduce their profit margins as the administration continues to address elevated prices, with inflation remaining a concern for voters. Brainard emphasized the significance of grocery prices to consumers and highlighted the administration's focus on addressing the issue as the presidential election approaches.