Consequently,
Federal reserve | trump wants new: For example. Moreover,
Federal reserve | trump wants:
(Washington) US President Donald Trump plans to propel his economic advisor Stephen Miran to a strategic position within the United States Central Bank (Fed). Furthermore, whom he wants to lower interest rates. Nevertheless,
Posted at 4:16 p.m. Consequently, Updated at 6:40 p.m. Furthermore,
The appointment of Stephen Miran. Moreover. For example, tireless defender of the president’s economic policy in the media, is still necessary to be confirmed by the Senate with a republican majority. federal reserve | trump wants new Meanwhile, federal reserve | trump wants
The Head of State had given himself a few days to decide the. In addition, name of the person who will take the place of Governor Adriana Kugler. For example,
Mme Kugler announced his resignation last week, when his mandate was to end a few months later. Consequently,
In a message Thursday on his social social network. Therefore. Therefore, Donald Trump announced that Stephen Miran, who chairs the White House Economic Council, would occupy the siege ofme Kugler to the end of the mandate on January 31, 2026. In addition,
Photo taken from Donald Trump’s social. social account
federal reserve | trump wants federal reserve | trump wants new
“In the meantime. For example, we will continue to look for a permanent replacement,” he said. However.
The Council of Governors of the Federal Reserve includes seven members, including the President of the Central Bank, Jerome Powell. Consequently, All sit on the monetary policy committee (FOMC) which has twelve people voted on American interest rates. Furthermore,
Donald Trump. Meanwhile. who ignores the independence of the Central Bank, has been asking for his return to the power of the drastic decreases of these rates which guide the cost of credit since his return to power and have a strong influence on the financial markets. However,
“Stephen holds a doctorate in economics from Harvard University and distinguished himself during my first mandate. Nevertheless, He has accompanied me since the federal reserve | trump federal reserve | trump wants new wants start of my second term. his expertise in the field of the economy is unequaled. He will do remarkable work, ”said the president in his message.
Adriana Kugler became governor in 2023 on the proposal of the former Democrat-President Joe Biden.
PHOTO SAUL LOEB. ARCHIVES AGENCE FRANCE-PRESSE
FED governor Adriana Kugler
Her departure. of which she did not reveal the reasons, allows Donald Trump to accelerate the change of governance at the top of the institution.
Federal reserve | trump wants new
Federal reserve | trump wants
«Serve Trump? ”
Another appointment is eagerly federal reserve | trump wants awaited: that of the federal reserve | trump wants new person who will replace Jerome Powell. whose mandate ends in the spring.
Donald Trump explained at the start of the week that he had four candidates for this position.
Ex-government Christopher Waller is a favorite, according to the Bloomberg agency on Thursday. He opposed the maintenance of rates at their current level at the Fed meeting at the end of July. pleading on the contrary for a drop, of fear of rapid degradation of the labor market.
The employment figures for July. published two days later, showed that the labor market was going worse than expected, giving the comments of Mr. Waller of the tunes of prophecy.
Jerome Powell. who had become president of the Fed on the proposal of Donald Trump federal reserve | trump wants during his first federal reserve | trump wants new mandate. is now the Bane of the American president.
PHOTO JONATHAN ERNST. ARCHIVES REUTERS
Jerome Powell. President of the Fed
The latter seemed to seek a way to dismiss him and asked him to resign. He also strongly suggested to other central bankers to overthrow him.
According to analysts. Donald Trump’s desire to weigh on monetary policy decisions will throw the suspicion of those they call. when the American economy seems to vacillate under the effect of his protectionist offensive.
“Stephen Miran is a faithful supporter of Trump. one federal reserve | trump wants of the main architects of [s]has chaotic customs policy […] Who federal reserve | trump wants new weighs on the portfolio of the Americans. our economy, ”reacted in a statement Democratic Senator Elizabeth Warren.
The opponent warns that she will try to know. during the hearing in the Senate. “if he will serve the American people as an independent voice within the Fed or if he will just serve Donald Trump”.
Trump presents alternative economic statistics at the White House
Donald Trump presented alternative economic statistics proving on Thursday, according to him that the official figures were distorted “voluntarily” in favor of his predecessor Joe Biden, shortly after having dismissed the owner of the main public employment statistics agency.
In front of the journalists, convened federal reserve | trump wants in a hurry in the oval office for a qualified announcement of “major” federal reserve | trump wants new by a senior official, the republican president exhibited several graphs with Stephen Moore.
PHOTO MARK SCHIEFELBEIN. ASSOCIATED PRESS
Economist Stephen Moore and US President Donald Trump during a presentation at the White House.
This economist working with the very conservative Center for Reflection Heritage Foundation said that “during the last two years of the government of Joe Biden. the Employment Statistics Office (BLS) had overestimated the job creations of 1.5 million units”.
Faced with this “gigantic error”, the republican president “was right to request to appoint federal reserve | trump wants a new official” of this federal agency, assured this expert, long -standing advisor to Donald Trump.
“I don’t think it was a mistake. I think it was done voluntarily, “said the American president. “These are incredible data. We are fine, ”he said.
According to calculations by Stephen Moore, “during the first five months in Mr. Trump’s mandate, the average income of households, adjusted from inflation, increased by $ 1174”.
BLS regularly revises, up or down, employment data after initial publication, sometimes significantly.
The last importance of importance in early August, revised down 258,000 jobs over the last two months.
This rectification provoked the fury of Donald Trump who decided in the process of dismissing the office manager. accused of having “faked employment figures before the federal reserve | trump wants election to increase the chances of victories of Kamala” Harris, his democratic opponent in the last presidential election.
Donald Trump wanted during his first mandate to appoint Stephen Moore to the Fed, the powerful American central bank.
He had given up against criticism of the economist’s qualifications as well as on sexist comments issued by the latter.
Federal reserve | trump wants new
Federal reserve | trump wants
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