Trump Fires Data Chief on Bad Job News, Gets Chance to Tilt Fed
The article reports that President Donald Trump fired the head of the federal agency that collects and analyzes economic data, the Bureau of Labor Statistics (BLS), after the release of disappointing job growth numbers. This move gives Trump an opportunity to appoint a new BLS commissioner who may be more likely to present economic data in a way that is favorable to the administration. The article notes that the job growth figures were weaker than expected, signaling a potential slowdown in the economy. Trump's decision to dismiss the BLS chief is seen as an attempt to tighten his control over the release of economic data, which could be politically sensitive ahead of the 2020 election. The article suggests that this action reflects the president's tendency to respond to unfavorable news by targeting the sources rather than addressing the underlying issues.
Source: For the complete article, please visit the original source link below.
