Trump Axes BLS Commissioner, Kugler Steps Down—Is Powell on the Chopping Block Next?
Another shakeup rocks Washington as President Trump fires the Bureau of Labor Statistics chief—and Kugler jumps before she's pushed. Now all eyes turn to Fed Chair Powell.
Will the last sober economist left in DC please turn out the lights?
The BLS purge sends shockwaves through financial markets already jittery about political interference in economic data. Because nothing says 'stable monetary policy' like a good old-fashioned Friday night massacre.
Powell's fate hangs in the balance as Trump reshapes economic leadership in his image. One thing's certain—on Wall Street, the only 'stablecoin' these days is the one backing your bets on political chaos.