The World Trusts US Economic Data. Trump’s BLS Firing Could Change That.

04/08/2025 14 min
The World Trusts US Economic Data. Trump’s BLS Firing Could Change That.

Listen "The World Trusts US Economic Data. Trump’s BLS Firing Could Change That."

Episode Synopsis

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.See omnystudio.com/listener for privacy information.