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President Trump's nomination of Heritage Foundation economist E.J. Antoni to lead the Bureau of Labor Statistics drew bipartisan criticism from economists, according to Axios. Conservative economists criticized Antoni’s work for containing basic errors, partisan bias, and a poor understanding of economics, urging the Senate to block his nomination. Others cited his failure to account for aging population effects in labor data and his misunderstanding of import price measures, calling his work highly error-filled. Economists also warned that suspending the jobs report would politicize labor data and cause market volatility. The White House defended Antoni as qualified to restore public confidence in jobs data. There is no evidence that McEntarfer interfered with data for political purposes.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02President Trump's nomination of Heritage Foundation economist E.J. Antony to lead the
00:06Bureau of Labor Statistics drew bipartisan criticism from economists, according to Axios.
00:11Conservative economists criticized Antonyo's work for containing basic errors, partisan bias,
00:15and a poor understanding of economics, urging the Senate to block his nomination. Others cited
00:20his failure to account for aging population effects in labor data and his misunderstanding
00:24of import price measures, calling his work highly error-filled. Economists also warned that
00:29suspending the jobs report would politicize labor data and cause market volatility.
00:34White House defendant Antonyo is qualified to restore public confidence in jobs data.
00:38There is no evidence that McIntarper interfere with data for political purposes.
00:41For all things money, visit Benzinga.com.

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