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Cea

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White House Report Claims 72,000 New Manufacturing Jobs, Ignoring Local Closures and Data Center Debates
economy1 day ago

White House Report Claims 72,000 New Manufacturing Jobs, Ignoring Local Closures and Data Center Debates

A Council of Economic Advisers report attributes 72,000 new manufacturing jobs in 2026 to the One Big Beautiful Bill Act and tariffs, claiming a reversal of previous losses. While the report highlights wage gains and major investments, it faces criticism regarding data center job quality and ignores recent plant closures in Ohio.

Miran exits White House post to stay on Fed board as Warsh eyed for chair
business8 months ago

Miran exits White House post to stay on Fed board as Warsh eyed for chair

Federal Reserve governor Stephen Miran has resigned as chair of the White House Council of Economic Advisers to honor a pledge if he stayed on the Fed past January, and will remain on the Fed board until a successor is confirmed. Trump has nominated former Fed governor Kevin Warsh to be the next Fed chair, a move that would replace Miran on the board, with acting chair Pierre Yared considered for permanence. The piece also notes ongoing DOJ investigations into Powell and Lisa Cook and Democratic opposition to Warsh’s nomination.