Treasury Secretary Scott Bessent on Wednesday said that he doesn't think the Bureau of Labor Statistics (BLS) needs to pause monthly jobs report releases because of instances of large revisions in the data in subsequent reports.Bessent was interviewed on "Bloomberg Surveillance" and he was asked about comments made by Heritage Foundation chief economist EJ Antoni, who has been nominated as BLS commissioner, that the agency should suspend issuing the monthly report and just release quarterly data."Not at all," Bessent replied when asked if that is something he would support."What somebody says...

15 hours ago

On HALO