AFL-CIO: 'Alarming escalation' by #Trump
The #AFLCIO, the US's biggest #labor federation, criticized Trump’s attempted firing of #LisaCook, calling it "an alarming escalation of his attack on #independent federal agencies that working people’s #jobs & livelihoods depend on" in a statement on Tuesday.
The group represents dozens of labor #unions & over 15 million people.
The new head of the #Bank for International Settlements used his first prominent speech to stress the need for central banks to focus on #inflation & for their #independence from #politicians to be protected.
"A clear price stability mandate, independence & accountability are the anchor, hull & mast of the monetary policy vessel," Pablo Hernandez de Cos, who in July took over as General Manager of #BIS, often dubbed the central bankers' #CentralBank, said.