
Billionaire investor Ray Dalio has weighed in on President Donald Trump's decision to dismiss Bureau of Labor Statistics Commissioner Erika McEntarfer, following last week's sharp downward revision to U.S. jobs data.
What Happened: On Monday, in a post on X, Dalio said that he “probably would have fired the head of the Bureau of Labor Statistics too,” citing what he called an outdated and flawed system for producing economic estimates, with no clear strategy in place to fix it.