Trump nominates Heritage Foundation economist to – Business News
WASHINGTON — President Donald Trump mentioned Monday that he has nominated E.J. Antoni, chief economist on the conservative Heritage Foundation, to head the company that compiles and publishes the nation’s employment and inflation figures.
“Our Economy is booming, and E.J. will ensure that the Numbers released are HONEST and ACCURATE,” Trump mentioned on social media late Monday.
Antoni, if authorized by the Senate, would change Erika McEntarfer, who was appointed commissioner of the Bureau of Labor Statistics by former President Joe Biden. Trump fired McEntarfer Aug. 1 after the July jobs report confirmed hiring slowed sharply this spring, with job positive aspects in May and June revised a lot decrease than initially estimated.
Trump accused McEntarfer, with out proof, of rigging the roles information for political causes.
The announcement comes in the future earlier than the BLS is scheduled to release the most recent inflation information, for July. It is forecast to show that shopper costs rose for the third straight month as tariffs are pushing up the fee of many imported items.
