Trump's Tussle With Fed, Firing Of BLS Head, Lack Of 'Coherent' Strategy Leave Americans More Worried Than Covid, 2008 Financial Crisis

Benzinga_recent_news01-15

Americans are currently more anxious about their economic future than they were during the 2008 financial meltdown or the COVID-19 pandemic, driven by what top economist Justin Wolfers calls ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2603605228?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/files/images/story/2026/01/15/United-States-President-Donald-Trump-mee.jpeg?optimize=medium&dpr=2&auto=webp&width=240","is_english":true,"pubTime":"2026-01-15 18:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2603605228","market":"hk","top_or_hot":-1,"title":"Trump's Tussle With Fed, Firing Of BLS Head, Lack Of 'Coherent' Strategy Leave Americans More Worried Than Covid, 2008 Financial Crisis","media":"Benzinga_recent_news","content":"<div>\n<p>Americans are currently more anxious about their economic future than they were during the 2008 financial meltdown or the COVID-19 pandemic, driven by what top economist Justin Wolfers calls ...</p>\n\n<a href=\"https://www.benzinga.com/news/politics/26/01/49927802/trumps-tussle-with-fed-firing-of-bls-head-lack-of-coherent-strategy-leave-americans-more-worried-than-covid-2008-financial-crisis\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump's Tussle With Fed, Firing Of BLS Head, Lack Of 'Coherent' Strategy Leave Americans More Worried Than Covid, 2008 Financial Crisis</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump's Tussle With Fed, Firing Of BLS Head, Lack Of 'Coherent' Strategy Leave Americans More Worried Than Covid, 2008 Financial Crisis\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-01-15 18:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/politics/26/01/49927802/trumps-tussle-with-fed-firing-of-bls-head-lack-of-coherent-strategy-leave-americans-more-worried-than-covid-2008-financial-crisis><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Americans are currently more anxious about their economic future than they were during the 2008 financial meltdown or the COVID-19 pandemic, driven by what top economist Justin Wolfers calls ...</p>\n\n<a href=\"https://www.benzinga.com/news/politics/26/01/49927802/trumps-tussle-with-fed-firing-of-bls-head-lack-of-coherent-strategy-leave-americans-more-worried-than-covid-2008-financial-crisis\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4581","symbol_name":"高盛持仓","start_time":0,"source_url":"https://www.benzinga.com/news/politics/26/01/49927802/trumps-tussle-with-fed-firing-of-bls-head-lack-of-coherent-strategy-leave-americans-more-worried-than-covid-2008-financial-crisis","article_id":"2603605228","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/01/15/United-States-President-Donald-Trump-mee.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/news/politics/26/01/49927802/trumps-tussle-with-fed-firing-of-bls-head-lack-of-coherent-strategy-leave-americans-more-worried-than-covid-2008-financial-crisis","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2603605228","pubTimestamp":1768471380,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Justin Wolfers warns Trump's \"policy chaos\"—firing BLS head and fighting the Fed—has driven US anxiety higher than during the COVID pandemic.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4581":"高盛持仓","OEX":"标普100","SH":"做空标普500-Proshares","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","UPRO":"三倍做多标普500ETF-ProShares","SPXU":"三倍做空标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares","SDS":"两倍做空标普500 ETF-ProShares","QQQ":"纳指100ETF","BK4504":"桥水持仓","BK4559":"巴菲特持仓",".SPX":"S&P 500 Index","IFED":"ETRACS IFED INVEST WITH THE FED TR INDEX ETN","SPY":"标普500ETF","BK4593":"纳斯达克ETF","BK4588":"碎股","BK4550":"红杉资本持仓","FEDL":"ETRACS 2x Leveraged Ifed Invest WIth The Fed TR Index ETN","VXN":"纳指波动率指数","OEF":"标普100指数ETF-iShares","IVV":"标普500ETF-iShares","BK4561":"索罗斯持仓"},"translate_title":"特朗普与美联储的斗争、解雇劳工统计局局长、缺乏“连贯”的战略让美国人比新冠疫情、2008年金融危机更担心","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".SPX":1.57,"SPXU":0.6,"ESmain":0.6,"QQQ":1.62,"OEX":0.6,"IFED":1.51,"MESmain":0.6,"SSO":0.6,"SPY":1.64,"VXN":1.54,"SDS":0.6,"SH":0.6,"OEF":0.6,"FEDL":1.49,"IVV":0.6,"UPRO":0.6},"content_text":"Americans are currently more anxious about their economic future than they were during the 2008 financial meltdown or the COVID-19 pandemic, driven by what top economist Justin Wolfers calls unprecedented “policy chaos” emanating from the White House.\nDespite President Donald Trump's insistence that the economy is “BOOMING” and his claims that Americans “have never had it better,” consumer sentiment tells a different story, according to this economist. \nWolfers notes that consumer confidence has plummeted to its lowest level in measured history. Speaking in a recent interview, in a direct critique of the administration’s strategy, Wolfers states: “This doesn’t feel like a White House that’s running a coherent, well-thought-out economic policy.”\nConsumer confidence weakened for a fifth consecutive month in December 2025, according to the US Consumer Confidence Board data. \nWolfers asserts that “policy chaos is an economic variable” in itself. When leadership is unpredictable—imposing and reversing tariffs or rattling sabers—uncertainty forces businesses to delay hiring and households to postpone major purchases.\nCentral to this instability is the administration's open conflict with nonpartisan economic guardians. \nWolfers highlights the firing of Bureau of Labor Statistics (BLS) Commissioner Dr. Erika McEntarfer as a critical tipping point. President Trump fired McEntarfer in August 2025, accusing her of “faking the Jobs Numbers” to aid his political rivals.\nMcEntarfer has since warned that politicizing data is a “dangerous step,” comparing it to “messing with the traffic lights” and driving the economy blind. \nThe volatility extends to monetary policy. Wolfers warns that Fed Chair Jerome Powell is now “going to war” to defend the central bank’s independence against administration attacks. \nDescribing the Justice Department's reported targeting of the Fed as the “Department of Recriminations,” Wolfers argues that the White House is attempting to “criminalize” independent public service.\nHe warns that these moves risk turning the Federal Reserve into a “Federal Subserve,” creating an environment where “no one knows tomorrow’s news” and economic stability is held hostage by political whims.\nSo far in 2026, the Nasdaq 100 index has declined by 0.23%, whereas the S&P 500 and Dow Jones indices have risen by 0.70% and 2.17%, respectively.\nThe SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, closed lower on Wednesday. The SPY was down 0.49% at $690.36, while the QQQ declined 1.07% to $619.55.\nThe futures of the S&P 500, Nasdaq 100, and Dow Jones indices were trading mixed on Thursday.\nDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\nPhoto courtesy: Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2603605228","isCrawlerRequest":true}