The financial system depends on robust and credible economic data. But some observers say the credibility of that data took a blow when President Trump fired Bureau of Labor Statistics Commissioner Erika McEntarfer. Without evidence, Trump said July job numbers from the BLS were rigged against him. On the latest Update-1, Broadcast/Podcast Committee member Tom Young, along with former NPC President and Bankrate Senior Economic Analyst Mark Hamrick, speak with former BLS Commissioner Erica Groshen about job numbers and trust in the financial system.
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