US-China Trade & AI Chip Sales - The Trump administration is reportedly seeking a 15% cut of all AI chip sales to China from companies like Nvidia and AMD, potentially generating $2 billion in revenue [1][6] - Concerns arise that this arrangement might be unconstitutional as an export tax and could set a precedent for economic racketeering, jeopardizing US economic and national security [1][7] - The policy shift reverses previous export controls designed to maintain US leadership in the AI race, raising questions about prioritizing revenue over strategic advantage [5][6] Bureau of Labor Statistics (BLS) Commissioner Appointment - The appointment of EJ Anton, a critic of the BLS from the Conservative Heritage Foundation, raises concerns about potential political influence on data collection and reporting [1][11] - Anton's background lacks specialized expertise in labor statistics, unlike previous commissioners, fueling worries about the integrity and reliability of BLS data [9][15] - The appointment is viewed as part of a broader trend where government influence and potential data manipulation could erode trust in the US economy and institutions [14][16] Economic Policy & Investment Climate - The described actions are perceived as creating an environment where companies feel compelled to pay tribute to the government to conduct business in the US [14] - Such policies could deter foreign and domestic investment by undermining the rule of law and the independence of institutions like the central bank [16][17] - The situation is compared to a slippery slope where compromising economic and national security for short-term gains could have long-term negative consequences [7][16]

Trump plans to nominate E.J. Antoni, a longtime critic of the Bureau of Labor Statistics, to lead the agency https://t.co/02INv3AEL8 ...

President Trump nominates economist E.J. Antoni to be the new commissioner of the Bureau of Labor Statisticshttps://t.co/34CoDWiL6Z ...

I was telling the president that he did the right thing in calling for a new head of the Bureau of Labor Statistics because this shows that over the last uh two years of the Biden administration, the BLS overestimated job creation by 1.5% million jobs. That's a Mr. . President, that's a gigantic error.And uh I I don't know if she's I'm not Might have been an error. That's the bad part. It was an error.It would be one thing. I don't think it's an error. I think they did it purposely.In his first 5 months in ...

Agency Leadership - The Trump administration is interviewing candidates to lead the Bureau of Labor Statistics [1] - The candidates include at least one longtime critic of the agency [1]

The Trump administration is interviewing candidates to lead the Bureau of Labor Statistics including at least one longtime critic of the agency, according to a senior administration official https://t.co/HXMXT2fdTt ...

Government and Economic Data Integrity - The integrity of the Bureau of Labor Statistics (BLS) is crucial for the economy, as it provides essential information on jobs and wages [2][3] - Undermining the credibility of statistical information, especially jobs reports, is compared to authoritarian tactics [4][8] - The reliability of U S statistics is important for both the government and the private sector globally [6] Presidential Actions and Economic Policy - The President believes jobs numbers are rigged, without providing specific evidence [1][10] - The President fired the BLS Commissioner, raising concerns about political interference in statistical reporting [4][5] - The President is considering candidates for Federal Reserve Chair, potentially favoring those who support lower interest rates [15][18][20] Trade and Tariffs - The President claims to be negotiating significant investment deals with other countries, but details are lacking [11][12] - There are concerns about whether these investment deals will materialize and what consequences exist if countries don't follow through [12][13] - The President suggests using higher tariffs as leverage if countries fail to meet investment commitments [12] Economic Uncertainty and Global Impact - The President's actions and decisions are seen as potentially dictatorial, affecting the entire world [22][23] - Concerns exist about the credibility of the Federal Reserve if the President appoints someone who will prioritize political goals over controlling inflation [23][24]

President Trump reiterated his criticism of the Bureau of Labor Statistics, said he was close to picking a new Fed chair, and teased new tariffs on semiconductors. Joining me now, Muhammad Alerian, president of Queens College of Cambridge to talk about that and many other things. Muhammad, good to see you.Good morning, Julie. I would like to start with this whole situation over the Bureau of Labor Statistics, the BLS. Um, with President Trump's removal of the person who heads up that agency, what does that ...

Let's bring in Peter Baker, chief White House correspondent for the New York Times and an MSNBC political analyst. Former Republican Congressman Carlos Carbelloo is back. And joining me here in studio, NBC News business and data correspondent Brian Chung.Peter, as you wrote, the irony is that Donald Trump has never been especially wedded to facts, although now he's suggesting he's concerned that we aren't getting them. Uh with absolutely no evidence that anything about these numbers is made up, his top econ ...

U.S. President Donald Trump plans over the next several days to name replacements for two key vacancies, one to fill a spot on the Federal Reserve and other to replace the head of the Bureau of Labor Statistics. Trump said that he has several possible candidates for the Fed in mind. https://t.co/QG5rRdjKtr ...