White House and Treasury Secretary Bessent Confirm Continuation of Monthly BLS Jobs Reports, Reject Shadow Fed Chair Proposal

The White House has confirmed that the Bureau of Labor Statistics (BLS) will continue to release monthly jobs reports. Press Secretary Leavitt stated that the plan is to maintain these monthly publications, emphasizing the importance of providing accurate and reliable data for economic decision-making. Treasury Secretary Bessent also expressed his support for the continuation of the monthly jobs reports, explicitly stating he does not support suspending them. Additionally, Bessent mentioned that although he previously advocated for appointing a shadow Federal Reserve chair, he no longer believes this is necessary. He also indicated that he does not think the Federal Reserve needs to return to large-scale bond purchases. Trump aides have echoed the stance that the monthly U.S. jobs reports will not be suspended.