Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Prairie Operating Co. Announces Leadership Team Changes – Oil & Gas 360

March 3, 2026

Prairie Operating Co. Announces Leadership Team Changes – Oil & Gas 360

March 3, 2026

Meta Advances AI Goals With New Applied Engineering Team

March 3, 2026
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Trump Nominates Outspoken BLS Critic EJ Antoni to Run Agency
OPEC Announcements

Trump Nominates Outspoken BLS Critic EJ Antoni to Run Agency

omc_adminBy omc_adminAugust 12, 2025No Comments3 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


President Donald Trump has nominated economist EJ Antoni, a prominent figure at the conservative Heritage Foundation, to serve as commissioner of the U.S. Bureau of Labor Statistics (BLS). The move comes just ten days after Trump abruptly dismissed former commissioner Erika McEntarfer, accusing her of manipulating employment data for political purposes.

Announcing the pick on Truth Social, Trump wrote, “Our Economy is booming, and E.J. will ensure that the Numbers released are HONEST and ACCURATE. I know E.J. Antoni will do an incredible job in this new role.”

The nomination sets up a potential Senate confirmation battle and will reignite debate over the independence of the agency that produces some of the most closely watched economic statistics in the world.

Antoni, who holds a doctorate in economics, is currently chief economist at the Heritage Foundation and previously worked at the Texas Public Policy Foundation. He has taught courses in labor economics, money, and banking, and was a contributor to “Project 2025,” a controversial conservative blueprint for restructuring the federal government.

Over the past several years, Antoni has been openly critical of BLS data, especially under the Biden administration. He has described some Consumer Price Index (CPI) readings as “phoney baloney” and, during the Biden administration, claimed the Labor Department existed in “the land of make-believe”. 

The BLS, a division of the Labor Department, produces key data such as the monthly nonfarm payrolls report and the CPI. These figures influence everything from Federal Reserve interest rate decisions to Social Security cost-of-living adjustments and are closely monitored by global investors.

McEntarfer’s firing followed a July jobs report that showed weaker-than-expected growth and included historically large downward revisions to previous months’ figures. Trump claimed the report was “rigged” to benefit Democrats, though economists widely reject the notion of political bias in BLS methodology.

Large revisions are common because the payrolls report is released only days after a month ends, leaving limited time for data collection. These numbers are revised twice in the following months as more employer surveys are received, and undergo an annual benchmark revision.

Given the BLS’s role in shaping market expectations, the leadership shake-up has rattled some economists and investors, raising concerns about the potential politicization of the data.

Antoni will also inherit significant logistical challenges, including declining survey response rates and the need to maintain quality in inflation and labor market data despite resource constraints. In some regions, funding shortfalls have forced the BLS to impute—rather than collect—up to 35% of prices in the CPI basket.

If confirmed, Antoni will lead a workforce of roughly 2,000 employees tasked with producing the statistics that underpin much of U.S. economic policymaking.

By Charles Kennedy for Oilprice.com

More Top Reads From Oilprice.com



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Canada’s Heavy Crude Tightens as Hormuz Risk Ripples Through Global Markets

March 3, 2026

Hormuz Freeze Sends Brent-Dubai Spread to Multi-Year High

March 3, 2026

Oil Prices Leap Higher as Iraq Shuts Down Production At Giant Oil Fields

March 3, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Federal Reserve cuts key rate for first time this year

September 17, 202513 Views

Inflation or jobs: Federal Reserve officials are divided over competing concerns

August 14, 20259 Views

Oil tanker rates to stay strong into 2026 as sanctions remove ships for hire – Oil & Gas 360

December 16, 20258 Views
Don't Miss

Extended Hormuz closure could push oil toward $110, analyst warns

By omc_adminMarch 3, 2026

(WO) – Escalating conflict involving Iran is unfolding alongside the Strait of Hormuz, raising the…

Argentina expands incentives to spur Vaca Muerta shale oil investment

March 3, 2026

Iran conflict raises risk of oil and LNG supply shock, Enverus says

March 3, 2026

US petrol prices surge as Trump’s Iran war triggers inflation worries

March 3, 2026
Top Trending

XeleratedFifty Acquires Carbon Management Platform Terrascope

By omc_adminMarch 3, 2026

Global economy must stop pandering to ‘frivolous desires of ultra-rich’, says UN expert | Environment

By omc_adminMarch 3, 2026

KPMG Appoints Gauthier Acket as Head of Global ESG

By omc_adminMarch 3, 2026
Most Popular

The 5 Best 65-Inch TVs of 2025

July 3, 202515 Views

AI’s Next Bottleneck Isn’t Just Chips — It’s the Power Grid: Goldman

November 14, 202514 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views
Our Picks

UAE Reports Major Fire at Fujairah Oil Hub

March 3, 2026

Argentina expands incentives to spur Vaca Muerta shale oil investment

March 3, 2026

Oil is Iran’s Weapon of Choice

March 3, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.