News

Bessent: How Can The Fed Set Rates When Jobs Data Is This Broken? "This Was A Five Standard Deviation Mistake"
Treasury Secretary Bessent defended President Trump's decision to fire Bureau of Labor Statistics (BLS) head Erika McEntarfer ...
Government Executive55m
‘The neutrality of the agency has been eliminated’: Stats-based feds decry BLS chief’s firing
Employees express concern Trump's firing of the commissioner, which followed a weak jobs report, will lead to future ...
Institute on Taxation and Economic Policy8hOpinion
Trump’s Firing of BLS Commissioner is Part of Larger Erosion of Federal Data Infrastructure
Last week, President Trump fired the Commissioner of the Bureau of Labor Statistics in apparent retaliation for weak jobs ...
How is Bureau of Labor Statistics data collected, and why is Trump targeting it?
The Bureau of Labor Statistics has been thrust into the spotlight after President Trump criticized its federal jobs report ...
'On the precipice of recession': A top economist warns that not even the Fed may be able to rescue the US from a downturn
Mark Zandi says the US economy is teetering at the edge of a recession as tariffs and immigration policy weigh on growth.
Trump says the Bureau of Labor Statistics orchestrated a ‘scam.’ Here’s how the jobs report really works
President Donald Trump claimed without evidence that the massive revisions to the latest jobs report constituted a “scam.” ...
Truthout1dOpinion
Robert Reich: Firing of Bureau of Labor Statistics Chief Is Another Example of Trump’s Dislike of Facts
The former labor secretary calls Bureau of Labor Statistics “crown jewel” of government efforts to explain the economy.
Opinion | Trump fired the labor statistics chief and the markets shrugged. That’s concerning.
President Donald Trump’s firing of Bureau of Labor Statistics Commissioner Erika McEntarfer — a widely respected economist ...
The Labor Market Confirms That the Fed Has Made a Policy Error
As weak as the headline figures appear, it was the fine print that confirmed the Fed’s policy error. The government revised ...
Markets are near-certain of a September rate cut as more Fed presidents turn dovish overnight
Neither Presidents Kashkari or Daly—nor Governor Cook—dissented at the July meeting. With Governor Chris Waller and FOMC ...
The Bureau of Labor Denial
It isn’t easy being an economic adviser to President Trump.
Eli Lilly Earnings, Fed Speakers, Bank of England Rate Decision: Still to Come This Week
Earnings season marches on, with Eli Lilly among the big names yet to report this week. President Trump has said he will name replacements this week for Federal Reserve governor Adriana Kugler and [Bu ...