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Trump Fires BLS Commissioner, Kugler Resigns - Is Powell the Next?

Trump Fires BLS Commissioner, Kugler Resigns - Is Powell the Next?

Published:
2025-08-02 08:51:01
22
1
BTCCSquare news:

In a week of heightened turbulence for U.S. monetary policy, President Donald TRUMP has taken aggressive action, dismissing the Bureau of Labor Statistics commissioner and prompting the resignation of another key official. The moves signal mounting pressure on the Federal Reserve, with speculation growing over whether Chair Jerome Powell could be the next target.

The abrupt leadership shakeup introduces fresh uncertainty into economic policymaking at a critical juncture. Market participants are closely monitoring whether these personnel changes foreshadow more direct intervention in Fed operations, potentially disrupting the central bank's independence.

|Square

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