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Kevin Olieri teared Donald Trump from the head of the “Beat” labor office star-news.press/wp

shark Investor Kevin Olieri teared President Donald Trump for shooting at the American Labor Statistics Office (BLS), Dr. Eric Minarker on Friday after a report on disappointing jobs.

Newsweek I arrived at an economic analyst via email for an additional comment.

Why do it matter

Trump’s decision to overthrow McNTarfer raised widespread anxiety between economists, business leaders and former government officials about the independence of reporting US economic data.

The sudden separation has followed the issuance of faded job numbers and was distinguished by rare direct intervention by a president in the work of a non -partisan federal agency responsible for collecting critical economic statistics.

The number of new jobs for July decreased to less than modest expectations, with the addition of only 73,000 jobs, compared to the estimate of Dow Jones of 100,000.

This step has now fueled a discussion about the politicization of federal agencies, the integrity of government data, the potential impact on the market and public trust in official economic indicators.

What do you know

Trump has announced the launch of MCNTarfer on Truth Frdyay, also accused of manipulating data on the benefit of former Vice President Kamala Harris on the 2024 presidential elections “to try to enhance Kamala’s chances of victory.”

During his talk about CNN, after Trump’s announcement, Oliri was asked about Trump’s economic policies that affect him as an investor.

“I do not look at one day trading and decide that I will change my strategy,” Olieri said. “I want to correct the markets. I want them to rise and below. We are used to volatility. We had a bad print on jobs. I did not agree to hit the commissioner. I don’t like it.”

O’Leary continued: “Statistics beating the two statistics at all.

“I think the market is slightly concerned about not getting major commercial partners so far,” Oliri added.

The launch of Mcentarfer coincided with a significant decrease in the American stock markets on Friday. Dow Jones Industrial Meverugal lost 542 points (1.2 percent), the S&P 500 index decreased by 1.6 percent and NASDAQ fell by 2.2 percent. This declining movement is attributed to each of the weak functions and a new round of the customs tariff announced by Trump.

Kevin Olieri, Chairman of the Board of Directors, is preparing to speak in front of a joint hearing in the Senate on April 9 in Washington, DC (photographed by Andrew Harnik/Getty Becus))

What people say

JB Pritzker, Democratic Ruler in Illinois, was published on X on Friday: “Donald Trump, head of the work statistics office because it mentioned the facts. The facts show that his policies are a catastrophe for the American economy. Trump said he would be a dictator on the first day and this is what he behaves.”

Trump, in an interview With NewsMax’s Rob Financy on Friday: “We faced some difficulties with her, and there were many questions and released them because we did not believe the numbers today.”

What happens after that

It is still not certain that it will be nominated as the following permanent BLS. Trump has actually announced that Mcentarfer “will be replaced by a more efficient and qualified person.”

Former BLS president William Beach and other BLS friends invited the participants to investigate Trump’s launch of MCNTarfer.

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2025-08-02 03:14:00

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