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White House says jobs revision proves Biden economy a 'disaster,' BLS is 'broken,' Powell was 'too late'
CNBC·2025-09-10 00:23

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