Trump to Name New Fed Governor and Jobs Data Head Amid Economic Uncertainty

President Donald TRUMP announced plans to appoint a new Federal Reserve governor and a jobs data statistician in the coming days, moves that could significantly influence his economic agenda. The decision follows Adriana Kugler's unexpected departure from the Fed board, creating an opportunity for Trump to install a governor aligned with his preference for lower interest rates.

The president's comments come amid growing scrutiny of his approach to economic institutions. Recent attacks on the Fed and the dismissal of Bureau of Labor Statistics chief Erika McEntarfer have raised concerns about political interference in traditionally independent bodies.

Potential candidates for the Fed position include National Economic Council Director Kevin Hassett, former Fed Governor Kevin Warsh, current Fed Governor Christopher Waller, and Treasury Secretary Scott Bessent. These appointments could reshape monetary policy at a time of global economic uncertainty.