Why Politicizing Economic Data Is Bad For Business [Forbes]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Forbes
In doing so, he planted a seed of distrust that risks becoming a self-fulfilling prophecy. Even if no data manipulation ever occurs, the perception that economic data can be politically influenced will make the public, businesses, investors and policymakers more likely to question their accuracy. If future economic reports happen to favor the current administration, suspicion will only grow. Once trust erodes, it will be difficult to win back, causing damage that could outlast any single presidency. A break from 140 years of tradition Reliable federal statistics have been a cornerstone of U.S. business advantage for over 140 years. Founded in 1884, the BLS has built a global reputation as the “gold standard” for economic data. It has operated as an independent, non-partisan agency, serving the interests of the country over those of any political party in power. Prior to McEntarfer's dismissal, no previous BLS commissioner had ever been fired. Many served across multiple administ
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Earnings
- 10/14/25 - Beat
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Sec Filings
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- 12/23/25 - Form FWP
- 12/23/25 - Form FWP
- GS's page on the SEC website