The Megyn Kelly Show BLS Nominee Suggests Major Shake-Up, Markets Rally on CPI News, Redistricting Drama: AM Update 8/13
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Aug 13, 2025 Hans Von Spakovsky, a senior legal fellow at the Heritage Foundation specializing in election law, dives into the recent controversy surrounding redistricting in Texas. He discusses the escalating gerrymandering conflict, where red states clash with blue states over election map redraws. The conversation also touches on President Trump’s nomination of E.J. Antoni to lead the Bureau of Labor Statistics, amidst debates on economic data reliability. Additionally, the impacts of a surprising inflation report and its positive effect on market trends are highlighted.
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BLS Overhaul Proposal
- E.J. Antony proposes pausing monthly jobs reports until data collection is fixed and relying on quarterly figures for accuracy.
- He argues massive revisions erode decision-makers' trust and have wide economic consequences.
Modernize Data Sources
- Hans von Spakovsky highlights that survey response rates have fallen and current methods produce volatile restatements.
- He recommends integrating existing government transaction data to produce more resilient and predictable statistics.
Softer CPI Spurs Market Rally
- July's CPI came in softer than expected at 0.2% monthly and 2.7% annually, lifting market sentiment.
- Traders and major indices reacted by increasing odds of a September Fed rate cut and sending benchmarks to record highs.