All articles tagged with #trump nomination
E.J. Antoni, President Trump's nominee to lead the Bureau of Labor Statistics, was present near the Capitol during the Jan. 6 riot but was described by the White House as a bystander who was there for meetings and did not participate in the events. His presence has raised questions amid his nomination and previous criticisms of the BLS, with Senate confirmation still required.
President Donald Trump announced his intention to nominate economist E.J. Antoni as the new commissioner of the Bureau of Labor Statistics, replacing Erika McEntarfer, amid concerns over data manipulation and recent job report revisions. Antoni, a critic of the BLS and chief economist at the Heritage Foundation, needs Senate confirmation to assume the role.
J.P. Morgan now predicts the U.S. Federal Reserve will cut interest rates by 25 basis points in September, earlier than previously forecast, citing labor market weakness and political uncertainties related to President Trump's Fed nominations, with potential for multiple cuts and increased internal divisions at the Fed.
President Trump has nominated his top economic adviser, Stephen Miran, to serve temporarily on the Federal Reserve's Board of Governors, filling a vacancy left by Adriana Kugler's early departure. Miran, known for his critical views of the Fed and its chair Jerome Powell, could influence interest rate decisions and potentially become the Fed chair in the future. The nomination reflects ongoing tensions between the Trump administration and the Fed over monetary policy and economic management.
White House officials are preparing to nominate Stephen Miran, Chair of the Council of Economic Advisers, as a Federal Reserve governor, potentially to fill a temporary seat, amid ongoing discussions about Fed reform and Miran's critical stance on the Fed's recent policies.
Damian Williams, the U.S. attorney for the Southern District of New York, announced his resignation effective December 13. Williams, the first Black man to hold the position, oversaw high-profile cases including those against Sen. Robert Menendez, Ghislaine Maxwell, and Sam Bankman-Fried. His deputy, Edward Y. Kim, will serve as acting U.S. attorney. Former President Trump plans to nominate Jay Clayton for the position, a move previously blocked by New York senators.