Close Menu
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

OpenAI CFO says companies must embrace AI or ‘get left behind’

September 9, 2025

Aleema Khan condemns violence against journalists by PTI workers

September 9, 2025

Apple raises price of Pro iPhone in U.S. for first time since 2017

September 9, 2025
Facebook X (Twitter) Instagram
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us
Facebook X (Twitter) Instagram Pinterest Vimeo
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports
Nabka News
Home » Trump admin hits Biden economy, BLS, Powell after jobs data
Political

Trump admin hits Biden economy, BLS, Powell after jobs data

i2wtcBy i2wtcSeptember 9, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
Follow Us
Google News Flipboard Threads
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


The US Department of Labor headquarters in Washington, DC, US, on Monday, Aug. 11, 2025.

Bloomberg | Bloomberg | Getty Images

The White House used revised jobs data released Tuesday as fodder to criticize three frequent targets of President Donald Trump: the Bureau of Labor Statistics, former President Joe Biden and Federal Reserve Chair Jerome Powell.

“Today, the BLS released the largest downward revision on record proving that President Trump was right: Biden’s economy was a disaster and the BLS is broken,” White House Press Secretary Karoline Leavitt said in a statement.

“This is exactly why we need new leadership to restore trust and confidence in the BLS’s data on behalf of the financial markets, businesses, policymakers, and families that rely on this data to make major decisions,” she said.

Read more CNBC politics coverage

“Much like the BLS has failed the American people, so has Jerome ‘Too Late’ Powell – who has officially run out of excuses and must cut the rates now.”

The Labor Department report showed that the U.S. economy created fewer jobs than had been initially reported in the year that began in March 2024.

Annual revisions to nonfarm payrolls data for the year showed a reduction of 911,000 from initial estimates, according to the initial report from the Bureau of Labor Statistics. 

The BLS has been the target of a coordinated campaign to undermine faith its data, orchestrated by the White House.

Trump abruptly fired Bureau of Labor Statistics commissioner Erika McEntarfer in August, just hours after BLS released initial employment data for July that included two months’ of downward revisions to job growth data from earlier in the year.

Trump argued that those revisions — which are common in jobs reports — showed that the BLS was manipulating employment data for political purposes. His firing of McEntarfer drew sharp rebuke from economists and some lawmakers.

Powell was nominated by Trump in 2017 to serve as chair of the central bank.

But ever since the start of Trump’s second term, the chairman has become a frequent target of the White House, as the president’s frustration has grown over Powell’s refusal to lower interest rates.

In August, however, Powell said that uncertainty in the U.S. economy may warrant interest rate cuts later this month.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
i2wtc
  • Website

Related Posts

Political

Supreme Court will hear Trump tariffs case on fast track

September 9, 2025
Political

Europe and the U.S. talk Russia sanctions as attacks ramp up

September 9, 2025
Political

Israel targets top Hamas officials in Qatar strike

September 9, 2025
Political

U.S. energy chief Chris Wright says net zero by 2050 is unrealistic

September 9, 2025
Political

What happens next in France after another PM is ousted?

September 9, 2025
Political

India urges BRICS partners to address trade deficits as China calls for unity

September 9, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

OpenAI CFO says companies must embrace AI or ‘get left behind’

September 9, 2025

House Republicans unveil aid bill for Israel, Ukraine ahead of weekend House vote

April 17, 2024

Prime Minister Johnson presses forward with Ukraine aid bill despite pressure from hardliners

April 17, 2024

Justin Verlander makes season debut against Nationals

April 17, 2024
Don't Miss

Trump says China’s Xi ‘hard to make a deal with’ amid trade dispute | Donald Trump News

By i2wtcJune 4, 20250

Growing strains in US-China relations over implementation of agreement to roll back tariffs and trade…

Donald Trump’s 50% steel and aluminium tariffs take effect | Business and Economy News

June 4, 2025

The Take: Why is Trump cracking down on Chinese students? | Education News

June 4, 2025

Chinese couple charged with smuggling toxic fungus into US | Science and Technology News

June 4, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to NabkaNews, your go-to source for the latest updates and insights on technology, business, and news from around the world, with a focus on the USA, Pakistan, and India.

At NabkaNews, we understand the importance of staying informed in today’s fast-paced world. Our mission is to provide you with accurate, relevant, and engaging content that keeps you up-to-date with the latest developments in technology, business trends, and news events.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

OpenAI CFO says companies must embrace AI or ‘get left behind’

September 9, 2025

Aleema Khan condemns violence against journalists by PTI workers

September 9, 2025

Apple raises price of Pro iPhone in U.S. for first time since 2017

September 9, 2025
Most Popular

Philippines is caught between the rise of Trump administration and tensions with China

July 6, 2024

“I hope we don’t see a return to the protectionism of the 1930s.”

July 8, 2024

China suspends payments for freight train shipments to Russia

July 9, 2024
© 2025 nabkanews. Designed by nabkanews.
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us

Type above and press Enter to search. Press Esc to cancel.