Trump faucets EJ Antoni to move BLS, sparking issues over partisanship and experience

Trump faucets EJ Antoni to move BLS, sparking issues over partisanship and experience

President Trump has nominated EJ Antoni, chief economist on the Heritage Basis, to guide the Bureau of Labor Statistics, following Trump’s dismissal of the earlier commissioner over job report revisions.

The decide has drawn sharp criticism, a lot of it centred on Antoni’s status as a hyper-partisan determine.

Whereas a few of that pushback comes from throughout the political aisle, not all of it does.
A extra substantive concern is that Antoni is an economist somewhat than a statistician, elevating questions over whether or not he has the technical background to run an company whose work hinges on statistical rigour.

For markets, the important thing fear is the potential impression on the perceived reliability and integrity of the BLS’s information — together with carefully watched employment and inflation figures.

This text was written by Aaron Cutchburt at investinglive.com.