Trump nominates conservative economist EJ Antoni as BLS commissioner

1 min read
Source: Axios
Trump nominates conservative economist EJ Antoni as BLS commissioner
Photo: Axios
TL;DR

E.J. Antoni, President Trump's nominee to head the Bureau of Labor Statistics, suggested suspending the monthly jobs report due to concerns over its accuracy, a move widely criticized by economists as potentially harmful and politically motivated. Antoni also made controversial remarks about Social Security, calling it a 'Ponzi scheme,' which drew further scrutiny. Despite these comments, markets remained largely unaffected, buoyed by positive inflation data.

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