In a dramatic turn of events U.S President Donald Trump has once again fueled controversy by accusing the Bureau of Labor Statistics (BLS) of manipulating employment data ahead of key political moments.
This time, Bureau Of Labor Statistics, he directly alleged BLS commissioner Erika McEntarfer for inflating job numbers before the election and calling this move a “scam” and claiming it was designed to mislead the public. Recently, he shared the statement on his Truth account.
Source: X
President's criticism followed weak July job data and major downward revisions. It might be that through the Bureau Of Labor Statistics, his crypto policy is rooting here, firing BLS commissioner McEntarfer and previously fired BLS commissioner Kugler and all plans are set to fire Fed Chair Jerome Powell.
This somehow shows that all three are supporters of the U.S monetary system and he is focusing on setting up a crypto army which supports him and his decisions in crypto .
Donald accused the Bureau of Labour Statistics chief of inflating job numbers to an all time high before the election. He also claimed that the data was later revised down by nearly a million jobs and called it a mistake.
The scams allegations add fuel to his ongoing push against traditional institutions and his call for greater accountability. Through this Trump is showing a good move and transparency in the political framework.
As Donald less supports traditional institutions and saying about Bureau Of Labor Statistics, his support for digitalcurrency friendly figures becomes clearer. Earlier this year, he appointed Paul S. Atkins who is known for his pro digital asset views and as SEC chairman.
This move signals a shift away from the old monetary system toward decentralized finance. For many, it’s a sign that Trump sees blockchain and crypto as tools for restoring transparency and reducing political influence in financial reporting.
Through this move it might be possible that Trump is trying to build an army which supports decentralised finance also apart from traditional monetary systems.
As decentralized financing provides transparency and clear data in front of everyone, which was not in the case of fiat.
Akanksha is a dedicated crypto content writer with a strong enthusiasm for blockchain technology and digital innovation. With a growing footprint in the Web3 space, she specializes in turning intricate crypto topics into clear, engaging narratives that resonate with readers across all experience levels. Whether it's Bitcoin, emerging altcoins, DeFi platforms, or NFT trends, Akanksha delivers timely and insightful content that helps audiences stay informed in the ever-evolving crypto market. Her analytical approach, combined with a passion for decentralized finance, allows her to craft informative pieces that empower both new and experienced investors. Akanksha firmly believes in the transformative power of blockchain to reshape global systems and drive financial inclusion.