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GOP Economist Concerned Data Quality May Be Hurt Under Trump

  • Hubbard, Bush CEA chief, says budget cuts could degrade stats
  • Comments follow letter to White House from Senate Democrats
Bloomberg business news

March Fed Hike 'Relatively Locked In,' Says Hubbard

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A top Republican economist is lending a bipartisan note to concerns that the Trump administration will degrade the quality of the nation’s economic data, after the president called unemployment numbers “phony” on the campaign trail.

“I remain concerned, particularly in an environment where you’re talking about cutting the budget, that a victim in that exercise could be the production of good data,” Glenn Hubbard, who served as chairman of President George W. Bush’s Council of Economic Advisers from 2001 to 2003, said Monday in Washington.