Archive · 4 Aug 2025
Trump to Announce Fed Governor, BLS Head Amid Criticism
President Trump is going to pick new people for important jobs at the Federal Reserve and the Bureau of Labor Statistics.
These are important because the Fed controls interest rates and the BLS reports job numbers.
Some people think Trump is trying to get the Fed to lower rates and is not happy with the job reports.
Trump has criticized the current head of the Fed.
The head of the BLS was fired.
Trump announced plans to name a new Fed governor and BLS head.
The appointments follow criticism of Trump's actions on the Fed and BLS.
Adriana Kugler resigned from her Fed board seat.
Trump has been publicly critical of Fed Chair Jerome Powell.
McEntarfer's firing from the BLS was criticized by her predecessor.
- Who
- Donald Trump, Adriana Kugler, Erika McEntarfer, Jerome Powell.
- What
- Trump plans to appoint a new Federal Reserve governor and BLS head.
- When
- Announcements expected in the coming days.
- Where
- The US.
- Why
- To influence monetary policy and address concerns over economic data and Federal Reserve actions.
Critics
White House
Data Accuracy
Critics
Trump's actions undermine the independence of key institutions.
White House
The BLS data revisions warrant new leadership.
Monetary Policy
Critics
Trump's public pressure on the Fed is inappropriate.
White House
The Fed's interest rate decisions need to be challenged.
- Event
- Appointments of Fed Governor and BLS Head
- President
- Donald Trump
- Resignation
- Adriana Kugler, Fed Governor
- Firing
- Erika McEntarfer, BLS Chief
- Criticism
- Trump criticizes Fed Chair Jerome Powell
- Criticism Source
- Weak Jobs Report, downward revisions
