💨 Abstract

President Trump announced his nomination of E.J. Antoni, chief economist at the Heritage Foundation, to head the Bureau of Labor Statistics (BLS), replacing Erika McEntarfer. Antoni's role would involve overseeing the publication of U.S. employment and inflation figures. Trump previously fired McEntarfer, accusing her of manipulating jobs data without evidence. This move comes ahead of the BLS's release of July's inflation data, which is expected to show rising prices due to tariffs.

Courtesy: WTOP Staff