Skip to player
Skip to main content
Search
Connect
Watch fullscreen
Like
Bookmark
Share
More
Add to Playlist
Report
SCOTUS Blocks Trump's Cook Ouster, WH Pulls Antoni BLS Nom
Bloomberg
Follow
18 hours ago
Category
🗞
News
Transcript
Display full video transcript
00:00
from a legal perspective it's the idea that she keeps her job for now what does the for now mean
00:04
here well it means until the court rules which they said wouldn't be until sometime after january
00:10
because they're going to hear oral arguments in the case in january it's a rather long uh postponement
00:16
of the decision by the court although anything's possible these days one reason may be that they
00:22
are taking up the case of the ftc commissioner that the president is trying to fire whom the
00:29
court allowed to be fired but they're going to hear arguments in that case in december and because
00:35
some of these previous cases have involved the federal reserve and the court has suggested there
00:39
may be some uh some slack given to the fed that isn't given to these other agencies it may be that
00:46
they want to consider the cases more or less sort of together at the same time to think about how
00:52
one affects the other that that is one reason that they may have punted on this for the time being
00:57
so for those who are in favor of her staying on uh the fed board um they shouldn't open up the
01:03
champagne or anything and celebrate yet because there's still some hurdles to go there's still
01:07
some hurdles to go they will have a hearing in uh january and we don't know if that means that it
01:13
would be something that gets delayed in terms of a uh a decision in the same way that a normal
01:20
case would be because this they're not taking the case itself they're taking the emergency application
01:25
that the administration put forward to just let her be fired uh the case itself would go through
01:30
the lower courts first and maybe eventually make its way back up having said that the supreme court
01:36
could have said yes president trump okay yes and some legal analysts uh are suggesting that means that
01:44
they do have uh some thought that she might be in the right and that they she might be able
01:51
uh the president might not be able to fire her directly all right speaking of uh personnel in
01:57
the federal government molly i want to bring you in you and the team writing a great uh story about
02:01
the white house pulling the nomination uh to lead the bureau of labor statistics what happened because
02:06
it feels like a little bit of an unusual move by a white house that's rather deliberate in its
02:11
actions and kind of doesn't take it unless it knows things are going to stick so we had been wondering if
02:16
there was something going on with this nomination because we knew that the p that the senate committee
02:21
that would have heard the nomination proceedings for this candidate whose name is ej and tony that
02:27
they had already received the paperwork and were going to hold the hearing for this nomination
02:32
several weeks ago so we're wondering what the holdup is already had an indication that there was one
02:38
republican senator who said that she had quote extreme reservations about the nominee and that her vote alone
02:44
could have blocked this nomination from proceeding because the republicans in this particular senate
02:49
committee only have a one seat majority so that really could have throttled the whole thing and we
02:54
just heard from the white house press secretary caroline levitt say in the briefing that it looked like
02:59
they weren't going to have the votes to get this through so they withdrew the nomination last night
03:04
they said they look forward to putting forth a new candidate soon either way though um we still have
03:10
the acting commissioner in place so that's the who had been the deputy commissioner before uh
03:14
bill wyatrowski he's been at bls for like got 50 years or so uh so he's a pretty experienced guy
03:21
he knows what's going on sounds like it could he could is it possible he'd be the white house's pick
03:26
uh i doubt it um you know just given that they seem to want somebody who's probably a bit more
03:31
overtly aligned with the administration's views and why trowski is considered to be more of a career
03:37
bls technocrat which is not something that the white house would seem keen to want to go forward with
03:42
well you know uh as we continue to watch um the government shutdown mike um i guess we're not
03:48
going to get date on friday right we know that's a given they're going to vote one more time in the
03:52
senate on trying to be at the cr passed uh it doesn't look like it's going to succeed if it did succeed
03:59
they could put the report out because the data are all finished it's just a matter of uh giving it to
04:04
the commissioner mr wyatrowski and then having him transmit it to the white house ahead of time but uh if we
04:11
don't get that today we will not have the jobs report on friday we won't have jobless claims
04:16
tomorrow um tomorrow being yom kippur there's no senate meeting so yeah they can't vote again
Be the first to comment
Add your comment
Recommended
1:58
|
Up next
Warner Bros. Looks For Help Blocking the Ellisons
Bloomberg
8 hours ago
2:03
Trump Pushes SALT Republicans
Bloomberg
16 hours ago
2:56
Are Markets Headed for an AI Bubble?
Bloomberg
8 hours ago
1:57
Apple Turns to Vapor Chamber to Cool iPad Pro
Bloomberg
8 hours ago
5:33
Investors See Opportunity in Space Defense
Bloomberg
8 hours ago
10:46
Trump Threatens China Tariffs, Sending Ripple Through Global Markets
Bloomberg
15 hours ago
6:12
Bessent Names Fed Chair Finalists Ahead of Year End Decision
Bloomberg
11 hours ago
3:40
Trump Threatens No Back Pay for Furloughed Workers
Bloomberg
16 hours ago
1:40
Bessent Names Five Finalists for Federal Reserve Chair
Bloomberg
17 hours ago
10:31
Ives: Musk Political Gambles, Side Show Can't Continue
Bloomberg
17 hours ago
2:46
Prepa Bankruptcy Back On Track After Court Ruling
Bloomberg
16 hours ago
12:05
Shutdown Pain Ripples Through US Economy
Bloomberg
18 hours ago
14:34
Fed's Kashkari Says Shock of Tariffs Is 'Stagflationary'
Bloomberg
17 hours ago
2:28
Bessent Says Trump Tax Bill Provides Certainty
Bloomberg
17 hours ago
6:23
Fmr. Asst. USTR to China on Trump's Latest Tariff Threat
Bloomberg
15 hours ago
7:12
America's Race for Energy
Bloomberg
16 hours ago
1:13
Trump Opens Golf Course in Trip Mixing Business, Politics
Bloomberg
17 hours ago
6:46
Micron's New Wall Street Bull
Bloomberg
15 hours ago
1:44
Trump Says He Will Be Going to China
Bloomberg
17 hours ago
1:08
Trump To Meet Democrats As Shutdown Looms
Bloomberg
17 hours ago
1:46
Bessent on What Trump and Soros have in Common
Bloomberg
17 hours ago
9:53
Former EU Trade Comissioner: Member States Divided on Tariff Retaliation
Bloomberg
17 hours ago
10:55
Stocks Climb on Oil Rally, Intel Beats | Closing Bell
Bloomberg
16 hours ago
3:11
Talks Underway to Buy Harvard Private Equity Assets
Bloomberg
16 hours ago
11:31
Equities Stumble to Close Week | Closing Bell
Bloomberg
17 hours ago
Be the first to comment