Trump Nominates New Commissioner for Bureau of Labor Statistics

5Mind. The Meme Platform

President Donald Trump said on Monday that he is nominating economist E.J. Antoni as the new Bureau of Labor Statistics (BLS) commissioner.

Antoni is currently the chief economist at the Heritage Foundation, an influential conservative think tank.

Trump fired BLS’s previous commissioner, Erika McEntarfer, on Aug. 1 after the July jobs report, alleging that she had manipulated data for political purposes.

“Our Economy is booming, and E.J. will ensure that the Numbers released are HONEST and ACCURATE. I know E.J. Antoni will do an incredible job in this new role,” Trump said on Truth Social.

Antoni has a PhD in economics and previously worked as an economist at the Texas Public Policy Foundation. He’s taught university courses on labor economics, money, and banking.

In recent articles for the Heritage Foundation, Antoni has written on a variety of areas of U.S. economic policy, including inflation, trade, and others.

Antoni will need to be confirmed by the Senate. If he is, he’ll take over an agency that had a staff of around 2,300 people as of September 2024.

The influential agency—which reports data about the U.S. job market and inflation on a monthly basis—has faced scrutiny about the quality of the data it produces. That data impacts the decisions of stock market investors, economists, business leaders, policymakers, consumers, and others, affecting financial markets around the world.

McEntarfer’s termination from the post came after the BLS reported job figures for July that were lower than expected. The agency also issued an unusually large revision to its May and June figures, reducing job creation numbers across the two months by nearly 260,000.

In recent years, the BLS has recorded sizable changes to the previous month’s non-farm payroll numbers. While it is common for the federal agency to make adjustments after collecting more data, the bureau stated that “revisions for May and June were larger than normal.”  The revision was the largest two-month revision since 1979, outside the pandemic period.

McEntarfer was appointed by President Joe Biden. Trump alleged in his announcement of her termination that job data had been manipulated and employment numbers falsified to boost Democratic presidential candidate Kamala Harris’s chances in the 2024 election.

He said he would appoint “someone much more competent and qualified” to replace McEntarfer.

By Joseph Lord

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

What’s At Stake In The “Battle For Hungary”?

Sunday’s parliamentary elections in Hungary have been described by...

Our Water is Polluted!   

Sometimes a writer has to have a story percolate...

Think America Is So Bad? Think Again.

There seems to be a growing sentiment, especially among younger Americans, that the United States is some kind of terrible place to live.

People are Waking Up to Islam   

President Donald Trump is not the only one waking...

The Transatlantic Paradox: Why The West Curses Its Cure

I am less concerned by media bias than the deeper pathology: a self-destructive push by Western elites against their own societies’ interests.

Hunter Biden Challenges Trump Brothers to Cage Match

The son of former President Biden says he is ‘100 percent in’ for a fight against Donald Trump Jr. and Eric Trump, arranged by influencer Andrew Callaghan.

CBP Reports 11 Consecutive Months of Zero Releases at the Border

There have been fewer than 9,000 apprehensions at the...

FDA Withdraws Approval of Drug Promoted as Autism Treatment

Generic versions of the drug will still be available,...

US Annual Inflation Shoots Up to 3.3 Percent, Highest Level Since May 2024

A spike in energy prices sent the annual U.S. inflation rate to its highest level since May 2024, according to the Bureau of Labor Statistics.

Trump Says Pam Bondi is Out as His Attorney General

President Trump says Pam Bondi is out as his Attorney General. Bondi will be replaced by her deputy Todd Blanche, who will serve as acting attorney general.

Trump Signs Order Imposing 100 Percent Tariffs on Certain Imported Pharmaceutical Drugs

President Donald Trump signed executive orders on Thursday raising levies on some medications and refining calculations on steel tariffs.

Trump Says US Core Objectives in Iran Are ‘Nearing Completion’ in Primetime Address

President Trump will deliver a primetime address from the White House on April 1 to update the nation on the U.S. military operation against Iran.
spot_img

Related Articles

Popular Categories

MAGA Business Central