Trump to Name New Fed Governor, Jobs Data Head Within Days
Donald Trump on the South Lawn of the White House before boarding Marine One in Washington DC on Friday.
Photographer: Al Drago/BloombergGood morning. Donald Trump pledges to move fast in making two key economic hires. Canadian wildfire smoke hits the US. And Texas Democrats take action over redistricting. Listen to the day’s top stories.
Donald Trump promised to say “you’re hired” to a new Federal Reserve governor and a fresh jobs data statistician within days. He said he has a “couple of people in mind” for Adriana Kugler’s role on the Fed’s board of governors. She unexpectedly said she’d step down this month, giving Trump an opportunity to appoint a governor who shares his preference for lower interest rates. But he’s faced criticism for firing Bureau of Labor Statistics chief Erika McEntarfer after shock weak jobs data.