Former economic advisor Stephen Moore discusses the termination of President Donald Trump to the Commissioner of the Labor Statistics Office and more on the “final result”.
President Donald Trump said on Sunday evening that he will soon announce a candidate to fill new vacancies in the Federal Reserve Council.
Below is the opening of the Federal Reserve after announcing last week that the ruler Adriana Koger will step down early – before its expiration in January – which leads to the opening of a seat on the painting that directs the nation Monetary.
The seven members who make up the Conservative Federal Reserve and are nominated by the President and are confirmed by the Senate.
The appointment comes with the intensification of tensions between Trump and Federal Chairman Jerome Powell in recent months.
At the heart of the conflict, there is a hesitating Powell to pay interest rates to a decrease – a position he says is rooted in Federal Reserve A cautious approach based on data for inflation and economic growth management.
President Donald Trump and Federal Reserve Chairman Jerome Powell. (Getty Images / Clearance / Getty Images)
Trump has repeatedly called to the Federal Reserve to reduce the rate of target federal funds, which he says can save the nation “hundreds of billions of dollars.”
A look at the battle that reveals between Trump and Powell on the federal reserve policy
Powell remained the goal of the main borrowing rate of the Central Bank in the range of 4.25 % to 4.5 %, and adopting a cautious approach to measuring the economic impact of Trump’s definitions.
Last month, after a meeting of the Federal Open Market Committee, Powell announced that the Federal Reserve Bank Leave the rate unchanged. The decision represented the fifth time this year that the Federal Reserve kept the interest rate fixed.
Trump also said on Sunday evening that he would appoint a new statistic president to replace the work statistics of the work he recently rejected.
The United States Labor Statistics Commissioner, Erika Minarker, imposes a picture in the image of this non -dated ministry, which Reuters obtained on August 2. (American Statistics Office / Bulletin via Reuters / Reuters)
Last week, Trump launched the position of Labor Statistics Office, Erika Minarker, claiming that she was falsifying employment data in order to submit a disappointing job report.
2025-08-04 01:26:00
