President Trump has expressed distrust in job numbers and his decision to fire the commissioner of the Bureau of Labor Statistics over these numbers has caused concern among senators. Senator Lisa Murkowski stated that she no longer trusts the job numbers due to this action. Democrats reacted with outrage, with Senate Majority Leader Chuck Schumer criticizing Trump for firing the messenger. However, Senator John Cornyn indicated a general skepticism towards economic data. Manipulating job numbers would require a significant government conspiracy, as statistical agencies are typically insulated from politics. Historically, President Obama also faced similar accusations regarding job numbers. Coincidentally, Trump's announcement about the BLS commissioner came shortly after news that a Biden appointee on the Federal Reserve board would resign, creating a vacancy. Trump has also continued his criticism of Fed Chair Jerome Powell, suggesting he be removed and calling for the board to lower interest rates. Despite Trump's desire for lower rates, the Federal Reserve's interest rate vote showed a clear majority supporting current policy. Senator Thom Tillis, who has previously shown support for Trump's economic policies, may become a key figure in future Senate decisions regarding Federal Reserve appointments.
axios.com
axios.com
