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 Executive18m
‘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 ...
'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.
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 ...
Trump Fires Bureau Of Labor Statistics Commissioner Over Data Integrity Concerns
President Donald Trump fired the nation’s top labor statistics official over the weekend while igniting a political firestorm ...
Bostic: Labor Market Risks Rising, but a Lot of Data to Come Before September Meeting
Employment growth slowed and the unemployment rate rose in July, and new data from the Bureau of Labor Statistics showed a ...
The Bureau of Labor Denial
It isn’t easy being an economic adviser to President Trump.