In her first public comments since Trump fired her, the former head of the government agency that measures inflation and job growth called her dismissal “a dangerous step” for the economy

Wall Street JournalTuesday, September 16, 2025 at 9:45:00 PM
In her first public comments since Trump fired her, the former head of the government agency that measures inflation and job growth called her dismissal “a dangerous step” for the economy
In her first public comments since being dismissed by Trump, Erika McEntarfer expressed serious concerns about the implications of her firing from the government agency responsible for measuring inflation and job growth. She described the decision as 'a dangerous step' for the economy, highlighting her intentions to modernize federal statistics. This situation raises important questions about the integrity of economic data and the potential impact on policy-making.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Trump administration sued over actions against University of California
NegativeFinancial Markets
The Trump administration is facing a lawsuit over its actions against the University of California, which raises significant concerns about educational policies and federal oversight. This legal battle could have far-reaching implications for universities across the nation, as it challenges the administration's approach to higher education funding and governance. The outcome may set a precedent for how federal policies interact with state educational institutions, making it a critical issue for students, educators, and policymakers alike.
Biden Official Urges Australia to Press Trump to Revive Quad
PositiveFinancial Markets
In a significant diplomatic push, former US Deputy Secretary of State Kurt Campbell has urged Australian Prime Minister Anthony Albanese to leverage his upcoming meeting with President Donald Trump to advocate for the revival of the Quad security group. This is important as the Quad, which includes the US, Australia, India, and Japan, plays a crucial role in promoting stability and security in the Indo-Pacific region, especially in light of rising geopolitical tensions.
Fired by Trump, a Former Labor Official Warns Against Politicizing Economic Data
NeutralFinancial Markets
A former labor official, who was dismissed by Trump, has raised concerns about the dangers of politicizing economic data. This warning is significant as it highlights the importance of maintaining the integrity of economic statistics, which can influence public policy and economic decisions. The official's perspective sheds light on the potential consequences of manipulating data for political gain, emphasizing the need for transparency and accuracy in reporting.
Trump Delays TikTok Ban Again as a Deal Takes Shape
NeutralFinancial Markets
President Trump has once again delayed the deadline for determining TikTok's future in the U.S., extending it to December 16. This extension comes as discussions about a potential agreement to address concerns regarding the app are starting to take shape. The outcome of these negotiations is significant as it could impact the app's ownership and its operations in the U.S., reflecting ongoing tensions between technology and national security.
US lawmakers release more Epstein files amid scrutiny over Trump links
NeutralFinancial Markets
US lawmakers have released additional files related to Jeffrey Epstein, coinciding with President Trump's visit to the UK. This disclosure has sparked discussions about the connections between Epstein and various public figures, including Lord Peter Mandelson. The timing of these revelations raises questions about the implications for political figures and the ongoing scrutiny surrounding Epstein's network. As the public seeks transparency, these documents could shed light on past associations and influence.
Ex-BLS chief says her firing by Trump marked ’dangerous step’ for economy
NegativeFinancial Markets
The former chief of the Bureau of Labor Statistics (BLS) has expressed that her dismissal by President Trump represents a troubling development for the economy. This situation raises concerns about the independence of economic institutions and the potential impact on data integrity, which is crucial for informed policy-making. Her comments highlight the importance of maintaining unbiased economic reporting, especially during times of uncertainty.
Fired BLS chief calls Trump’s attack on US data agency a ‘dangerous step’
NegativeFinancial Markets
Erika McEntarfer, the recently fired chief of the Bureau of Labor Statistics, has expressed serious concerns over former President Trump's criticism of the US data agency. She warns that undermining official statistics could jeopardize the integrity of economic data in the United States, potentially placing it in the same category as countries like Turkey and Argentina, where data credibility is often questioned. This situation is significant as accurate statistics are crucial for informed policy-making and public trust.
California’s top environmental regulator to retire amid Trump battles
NeutralFinancial Markets
California's leading environmental regulator has announced plans to retire, a move that comes amid ongoing battles with the Trump administration over environmental policies. This retirement could signal a shift in the state's approach to environmental regulation, especially as it navigates challenges posed by federal policies. The implications of this change are significant, as California has been at the forefront of environmental protection efforts in the U.S., and the new leadership will play a crucial role in shaping future initiatives.
Trump administration to appeal court decision blocking firing of Fed Governor Cook, White House says
NegativeFinancial Markets
The Trump administration has announced plans to appeal a court ruling that prevents the firing of Federal Reserve Governor Cook. This decision is significant as it highlights ongoing tensions between the White House and the Federal Reserve, raising questions about the independence of the central bank and its leadership. The outcome of this appeal could have far-reaching implications for monetary policy and economic stability.
UK and US agree $42 billion tech pact to mark Trump’s visit
PositiveFinancial Markets
The UK and US have reached a significant agreement on a $42 billion technology pact during Trump's visit, highlighting a strong commitment to enhancing bilateral relations and fostering innovation. This deal is expected to boost economic growth and create jobs in both countries, showcasing the importance of international collaboration in the tech sector.
Trump economic adviser Miran gets Senate nod to join Fed board
PositiveFinancial Markets
Miran, an economic adviser to former President Trump, has received Senate approval to join the Federal Reserve Board. This appointment is significant as it could influence monetary policy and economic strategies in the U.S., especially given the current economic climate. Miran's background and experience may bring a fresh perspective to the Fed, potentially impacting decisions that affect inflation, interest rates, and overall economic growth.
Morgan Stanley CIO favors 60/20/20 portfolio strategy with gold as inflation hedge
PositiveFinancial Markets
Morgan Stanley's Chief Investment Officer has endorsed a 60/20/20 portfolio strategy, emphasizing the importance of including gold as a hedge against inflation. This approach is particularly relevant in today's economic climate, where rising prices are a concern for many investors. By diversifying investments in this manner, individuals can potentially safeguard their assets and achieve better long-term financial stability.
Latest from Financial Markets
Urban Co. Trading Debut May Lift Sentiment in Indian Market
PositiveFinancial Markets
Urban Co.'s trading debut is expected to boost sentiment in the Indian market, signaling potential growth and investor confidence. This event is significant as it reflects the overall health of the market and could attract more investments, fostering economic development.
Lotte Retail Group CEO on Business Strategy
PositiveFinancial Markets
Samuel Sanghyun Kim, the CEO of Lotte Retail Group, recently shared insights on the company's ambitious business strategy and expansion plans in Southeast Asia during an interview on Bloomberg. This is significant as it highlights Lotte's commitment to growth in a rapidly developing market, which could lead to increased competition and innovation in the retail sector.
China Tech Stocks Surge to 2021 Level as Investors Bet on AI
PositiveFinancial Markets
Chinese tech stocks in Hong Kong have surged to their highest levels since 2021, driven by growing investor optimism surrounding artificial intelligence. This surge is significant as it reflects a renewed confidence in the tech sector, which has faced challenges in recent years. The rising demand for AI technologies is not only boosting stock prices but also indicating a potential shift in market dynamics, making it an exciting time for investors.
Japan’s exports down in August as automakers grapple with US tariffs
NegativeFinancial Markets
Japan's exports saw a decline in August, primarily due to challenges faced by automakers in light of US tariffs. This downturn is significant as it reflects the ongoing trade tensions and their impact on Japan's economy, particularly in the automotive sector, which is a crucial part of the country's export landscape.
Trump administration sued over actions against University of California
NegativeFinancial Markets
The Trump administration is facing a lawsuit over its actions against the University of California, which raises significant concerns about educational policies and federal oversight. This legal battle could have far-reaching implications for universities across the nation, as it challenges the administration's approach to higher education funding and governance. The outcome may set a precedent for how federal policies interact with state educational institutions, making it a critical issue for students, educators, and policymakers alike.
Lucky Strike Entertainment prices $500 million notes offering
PositiveFinancial Markets
Lucky Strike Entertainment has successfully priced a $500 million notes offering, marking a significant milestone for the company. This move not only strengthens their financial position but also signals confidence in their growth strategy. Investors are likely to view this as a positive development, as it opens up new avenues for funding and expansion.