US EditionTrump says he’ll name BLS chief, Fed governor in coming days
UNITED STATES, AUG 6 – President Trump will appoint successors to the Federal Reserve and Bureau of Labor Statistics to address concerns about inflation, employment data accuracy, and interest rate policy.
- President Donald Trump fired Bureau of Labor Statistics Commissioner Erika McEntarfer on Friday and plans to announce her replacement by Sunday.
- Trump took this action after the July jobs report showed weaker-than-expected hiring and major downward revisions to May and June figures.
- The firing sparked criticism from economists and Democrats who argue it politicizes economic data and damages the agency's credibility.
- Former Treasury Secretary Larry Summers asserted that the dismissal of the BLS commissioner was unprecedented, exceeding actions taken even during Richard Nixon’s tenure, while William Beach described the firing as completely unfounded.
- Trump also plans to fill a Federal Reserve vacancy caused by Adriana Kugler’s resignation effective August 8, signaling increased presidential influence over economic policy.
128 Articles
128 Articles
Trump twists timeline of BLS job data revision
To justify firing the head of the Bureau of Labor Statistics, President Donald Trump said the agency withheld data unfavorable to President Joe Biden until it was too late to affect voting in 2024. He’s wrong.
Trump's firing of Bureau of Labor Statistics head is a banana republic move
You’ve probably heard the urban legend about the 19th-century naturalist who spent his life traveling the world collecting insect species and then meticulously categorizing them. Long after he gained international fame, the old entomologist was walking the grounds of his estate when he noticed a bug he had never seen before crawling across his path. After staring at the creature momentarily, he brought down his heel and crushed it. “You don’t ex…
'Big boo-boo': GOP senators turn on Trump over fears of 'economic downturn'
When the U.S. Bureau of Labor Statistics (BLS) delivered a disappointing jobs report on Friday, August 1 and President Donald Trump responded by firing BLS Commissioner Erika McEntarfer and accusing her of rigging the data, some Republicans were quick to echo his claims. Sen. Markwayne Mullin (R-Oklahoma) told Fox News that McEntarfer was generating "fake reports" and added, "I'm glad she’s out of a job." Similarly, Vice President JD Vance said …
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