No longer are America's most important economic institutions politically untouchable.
Why it matters: Econ wonks — those far more comfortable with large datasets than the inner dealings of Washington — won't just question the significance of indicators or policy decisions. • Now they will wonder whether they can trust if data, or monetary policy conclusions, reflect reality or political motivations.
Driving the news: President Trump said Monday night he would nominate Heritage Foundation economist E.J. Antoni to lead the Bureau of Labor Statistics. • "Our Economy is booming, and E.J. will ensure that the Numbers released are HONEST and ACCURATE," Trump said in a Truth Social post.
Details: Antoni, a frequent BLS critic, got his Ph.D. in 2020 from Northern Illinois University and is