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The World Trusts US Economic Data. Trump’s BLS Firing Could Change That.
Published 6 months, 3 weeks ago
Description
For decades, the data collected by the apolitical Bureau of Labor Statistics was seen as a gold standard — informing decisions made by the Federal Reserve, global business leaders and even presidents.
But now, after President Trump’s firing of BLS Commissioner Erika McEntarfer following a disappointing July jobs report — that could change.
On today’s Big Take podcast, Bloomberg’s Molly Smith joins host Sarah Holder to discuss the potentially sweeping policy ramifications of a shake-up at the Bureau of Labor Statistics.
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