August 1, 2025
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41:55
10:27Now PlayingPresident Donald Trump fired the head of the Bureau of Labor Statistics hours after a report showed weak job growth, prompting outcries from economists and policymakers over the integrity of the data going forward.
In a social media post Friday, Trump said he directed his team to fire Erika McEntarfer — who was appointed by Joe Biden — “IMMEDIATELY.” He went on to say that “important numbers like this must be fair and accurate, they can’t be manipulated for political purposes.”
Economists who have served under both parties were quick to jump to McEntarfer’s defense, as well as the BLS as an institution. The statistical agency is often praised both in the US and abroad for its “gold standard” statistics that are free of political influence. Many now fear that status is at stake.
Peter Navarro, White House Senior Counselor for Trade and Manufacturing Policy, reacts to the President's decision to call for the firing of the Bureau of Labor Statistics chief and the decision by Federal Reserve Governor Ariana Kugler's resignation. He speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg's "Balance of Power."
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