


President Donald Trump has fired Richard Trumka Jr. from the Consumer Product Safety Commission, a week after the Democratic commissioner voted to defy an executive order that asserted the White House’s power over independent regulatory agencies.
A White House official confirmed the firing Friday.
Two other Democrats on the commission — Mary Boyle and Alexander Hoehn-Saric — also were listed as “former commissioners” on the agency’s website Friday. They could not be reached for comment.
Trumka last week voted to advance a rule on lithium-ion battery safety, calling the ubiquitous devices “ticking time bombs.”
But in posting the rule for public comment, the commission bypassed the White House Office of Information and Regulatory Affairs. In a February executive order, Trump instructed agencies like the CPSC to send all proposed rules for a White House review.
Trumka said he would appeal his dismissal.
Toilet paper supply at risk of tariffs
It wasn’t that long ago that the pandemic snarled shipments of toilet paper the world over. Now, President Donald Trump’s tariffs are threatening disruption once again.
Suzano SA is the world’s largest exporter of pulp, the raw material for products including bath tissue. The company said export levies have led to a decline in shipments of the product from Brazil to the U.S.
Chief Executive Officer João Alberto de Abreu said the Sao Paulo-based company is now passing tariff costs on to U.S. buyers.
While it’s too early to tell how severely tariffs will shake up the paper supply chain, the impact on pulp is just the latest example of how trade spats threaten to upend the normal flow of global shipments for essential goods. Brazil’s exports of bleached hardwood pulp, the type produced by Suzano, to the U.S. fell 20% from a year earlier in April, according to government data.
Suzano shares slid as much as 4.3% on Friday. The stock is down almost 20% this year.
The uncertainty generated by U.S. tariffs have impacted consumer sentiment and negotiations, Leonardo Grimaldi, an executive vice president at Suzano, said during a call with analysts.
“Since costumers are still struggling to forecast how tariffs can affect their production plans, either directly or indirectly, all pulp buyers and sellers” are in price-discovery mode, Grimaldi said.
FedEx director to be postmaster general
The U.S. Postal Service has selected FedEx board member David Steiner to be the country’s next postmaster general, the agency announced Friday.
Steiner, 65, will succeed former Postmaster General Louis DeJoy, who resigned in March. Current acting Postmaster General Doug Tulino will return to his permanent position as deputy postmaster general and chief human resources officer, according to the agency.
Steiner “is a highly regarded leader and executive with tremendous vision, experience and skill that can be applied to the long-term mission and business needs of the Postal Service,” said Amber McReynolds, chair of the Postal Service board of governors, in a statement.
DeJoy had pushed for changes to promote efficiency at the postal service, including cutting its labor workforce by tens of thousands and raising postal rates.
Compiled from Bloomberg reports.