President Donald Trump said he will announce a new Federal Reserve governor and a new jobs data statistician in the coming days, two appointments that may dramatically shape his economic agenda amid global anxiety.
Trump made the comments to reporters Sunday on his way back to the White House from a weekend in Bedminster, New Jersey. He has faced criticism for his relentless attacks on Fed Chair Jerome Powell and for firing Bureau of Labor Statistics chief Erika McEntarfer after her data showed weak jobs growth — moves that are seen as undermining key fiscal institutions typically seen as free from political influence.
For the Fed, the president said he has a “couple of people in mind” for the role that opened up after Adriana Kugler announced Friday that she would vacate her board seat, which wasn’t due to expire until January. Her exit handed Trump a sooner-than-anticipated opportunity to appoint a governor who more closely aligns with his preference for lower interest rates.
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