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      Trump news at a glance: inquiry launched into Trump prosecutor as backlash grows over firing of statistics chief

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      The US office of special counsel, an independent federal agency, confirmed to NBC News that it is investigating former Department of Justice prosecutor Jack Smith for possible violations of the Hatch Act.Smith led investigations into Donald Trump’s part in the 6 January US Capitol riot and alleged mishandling of classified documents.It comes as senior Republican lawmakers condemn the decision of their party leader, Trump, to fire the leading US labor market statistician after a report that showed the national economy added just 73,000 jobs – far fewer than expected – in July.Trump claimed, without evidence, that the numbers were “RIGGED in order to make the Republicans, and ME, look bad” and the US economy was, in fact, “BOOMING” on his watch.Here are the key US politics stories of the day:Inquiry into ex-special counsel Jack Smith over Trump investigationsThe confirmation of an investigation into Jack Smith comes after Arkansas senator Tom Cotton, a Republican, requested last week that Smith be investigated for “unprecedented interference in the 2024 election”.The Hatch Act, ​​​​​​​a federal law passed in 1939, limits certain political activities of federal employees. Trump, along with other prominent Republican lawmakers, have argued that Smith’s investigations into Trump amounted to illegal political activity.Smith ultimately brought two criminal indictments against Trump in 2023 but resigned in January this year before either came to trial.Read the full storyRepublicans slam Trump’s firing of Bureau of Labor Statistics chiefThe firing of Erika McEntarfer, who had been confirmed to her role in January 2024 during Joe Biden’s presidency, has alarmed members of Trump’s own party.“If the president is firing the statistician because he doesn’t like the numbers but they are accurate, then that’s a problem,” said Wyoming Republican senator Cynthia Lummis. “It’s not the statistician’s fault if the numbers are accurate and that they’re not what the president had hoped for.”Kentucky senator Rand Paul, another Republican, questioned whether McEntarfer’s firing was an effective way of improving the numbers.Read the full storyTrump says Sean ‘Diddy’ Combs’s past comments make pardoning him ‘more difficult’Donald Trump says he considers Sean ‘“Diddy” Combs “sort of half-innocent” despite his criminal conviction in federal court in July – but the president called pardoning the music mogul “more difficult” because of past criticism.“When I ran for office, he was very hostile,” Trump said of the Bad Boy Records founder. “It’s hard, you know? We’re human beings. And we don’t like to have things cloud our judgment, right? But when you knew someone and you were fine, and then you run for office, and he made some terrible statements.”Combs was found guilty on 2 July of two counts of transportation to engage in prostitution, with each leaving him facing up to 10 years in prison – but he was acquitted of more serious sex-trafficking and racketeering conspiracy charges.Read the full storyAnalysis: Durham disclosures further undermine Gabbard’s claims of plot against TrumpTulsi Gabbard, the director of US national intelligence, hoped to uncover evidence that Barack Obama and his national security team conspired to undermine Donald Trump in a slow-motion coup.But a previously classified annexe to a report by another special counsel, John Durham – appointed towards the end of Trump’s first presidency – has further undermined Gabbard’s case.It confirms that Russian spies were behind the emails that were originally released as the result of a Russian cyber-hack of internal Democratic information channels and which Trump supporters believed showed the campaign of Hillary Clinton, his 2016 opponent, conspiring to accuse him of colluding with Moscow.Read the full storyWhat else happened today:

      The Trump administration terminated 1,902 National Institutes of Health grants totalling more than $4.4bn between January and the end of July, according to Grant Witness data. NIH followed guidance from the so-called “department of government efficiency” (Doge) and Trump’s executive orders to cut costs.

      According to Donald Trump’s White House, the US economy is booming, inflation is dead and jobs are surging. A blizzard of economic reports has cast a pall on such claims in recent days.
      Catching up? Here’s what happened 1 August 2025. More

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      Federal agency opens inquiry into ex-special counsel Jack Smith over Trump investigations

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      The US office of special counsel, an independent federal agency, confirmed to NBC News on Saturday that it is investigating former Department of Justice prosecutor Jack Smith for possible violations of the Hatch Act.Smith led investigations into Donald Trump’s part in January 6 US Capitol riot and alleged mishandling of classified documents.The confirmation of an investigation comes after Arkansas senator Tom Cotton, a Republican, requested last week that Smith, 56, be investigated for “unprecedented interference in the 2024 election”.The Hatch Act, ​​​​​​​a federal law passed in 1939, limits certain political activities of federal employees. Trump, along with other prominent Republican lawmakers, have argued that Smith’s investigations into Trump amounted to illegal political activity.Smith was appointed as special counsel by then attorney general Merrick Garland in 2022 – three days after Trump announced his bid for a second term – to investigate potential interference with the 2020 election and the handling of classified documents.However, the US office of special counsel, the federal agency investigating Smith, is different from the type of justice department-appointed special counsel position that was held by Smith.As an independent federal agency, it lacks the power to bring criminal charges, but can instead seek disciplinary action for a federal government employee or refer its findings to the justice department for investigation.In a series of social media posts on Wednesday, Cotton said that Smith’s legal actions “were nothing more than a tool for the Biden and Harris campaigns. This isn’t just unethical, it is very likely illegal campaign activity from a public office.”Cotton said Smith “pushed for an out-of-the-ordinary, rushed trial for President Trump, with jury selection to begin just two weeks before the Iowa caucuses. No other case of this magnitude and complexity would come to trial this quickly.”skip past newsletter promotionafter newsletter promotionSmith ultimately brought two criminal indictments against Trump in 2023 but resigned in January this year before either came to trial.His resignation came soon after the justice department asked a federal appeals court to reverse a judge’s order, blocking the release of his investigative report focused on Trump’s alleged efforts to undo the 2020 presidential election. A second Smith-authored report, into Trump’s handling of classified documents, was also blocked from publication. More

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      Republicans slam Trump’s firing of Bureau of Labor Statistics chief

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      Senior Republican lawmakers are condemning the decision of their party leader, Donald Trump, to fire the leading US labor market statistician after a report that showed the national economy added just 73,000 jobs – far fewer than expected – in July.The disappointing figures – coupled with a downward revision of the two previous months amounting to 258,000 fewer jobs and data showing that economic output and consumer spending slowed in the first half of the year – point to an overall economic deterioration in the US.Trump defended his decision to fire US Bureau of Labor Statistics (BLS) commissioner Erika McEntarfer. Without evidence to back his claims, the president wrote on social media that were numbers were “RIGGED in order to make the Republicans, and ME, look bad” and the US economy was, in fact, “BOOMING” on his watch.But the firing of McEntarfer, who had been confirmed to her role in January 2024 during Joe Biden’s presidency, has alarmed members of Trump’s own party.“If the president is firing the statistician because he doesn’t like the numbers but they are accurate, then that’s a problem,” said Wyoming Republican senator Cynthia Lummis. “It’s not the statistician’s fault if the numbers are accurate and that they’re not what the president had hoped for.”Lummis added that if the numbers are unreliable, the public should be told – but firing McEntarfer was “kind of impetuous”.North Carolina senator Thom Tillis, a Republican, said: “If she was just fired because the president or whoever decided to fire the director just … because they didn’t like the numbers, they ought to grow up.”Kentucky senator Rand Paul, another Republican, questioned whether McEntarfer’s firing was an effective way of improving the numbers.“We have to look somewhere for objective statistics,” he said. “When the people providing the statistics are fired, it makes it much harder to make judgments that you know, the statistics won’t be politicized.”According to NBC News, Paul said his “first impression” was that “you can’t really make the numbers different or better by firing the people doing the counting”.Tillis and Paul were both opponents of Trump’s recent economic legislative package, which the president dubbed the “big, beautiful bill”.But Alaska senator Lisa Murkowski, a Republican who supported the legislation after winning substantial economic support for her state, remarked that the jobs numbers could not be trusted – and “that’s the problem”.“And when you fire people, then it makes people trust them even less,” she said.William Beach, a former BLS commissioner appointed by Trump in his first presidency, posted on X that McEntarfer’s firing was “totally groundless”. He added that the dismissal set a dangerous precedent and undermined the BLS’s statistical mission.skip past newsletter promotionafter newsletter promotionBeach also co-signed a letter by “the Friends of the Bureau of Labor Statistics” that went further, accusing Trump of seeking to blame someone for bad news and calling the rationale for McEntarfer’s firing “without merit”.The letter asserted that the dismissal “undermines the credibility of federal economic statistics that are a cornerstone of intelligent economic decision-making by businesses, families and policymakers”.The letter pointed out that the jobs tabulation process “is decentralized by design to avoid opportunities for interference”, adding that US official statistics “are the gold standard globally”.“When leaders of other nations have politicized economic data, it has destroyed public trust in all official statistics and in government science,” the letter said.Democrats have also hit out at Trump’s decision. Vermont senator Bernie Sanders described it as “the sign of an authoritarian type”, and he said the decision would make it harder for the American people “to believe the information that comes out of the government”.Paul Schroeder, executive director of the Council of Professional Associations on Federal Statistics, described the president’s allegation against McEntarfer as “very damaging and outrageous”.He said: “Not only does it undermine the integrity of federal economic statistics, but it also politicizes data which need to remain independent and trustworthy. This action is a grave error by the administration and one that will have ramifications for years to come.” More

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      Durham disclosures further undermine Gabbard’s claims of plot against Trump

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      Tulsi Gabbard, the director of US national intelligence, hoped to uncover evidence that Barack Obama and his national security team conspired to undermine Donald Trump in a slow-motion coup.But if her crusade was aimed at proving that Obama embarked on a “treasonous conspiracy” to falsely show that Russia intervened in the 2016 presidential election to help Trump, Gabbard made a mistake. A previously classified annexe to a report by another special counsel, John Durham – appointed towards the end of Trump’s first presidency – has further undermined Gabbard’s case.It was a quixotic enterprise from the start.After all, the 2019 report from Robert Mueller, the original special counsel appointed to investigate the Russia allegations, and a bipartisan five-volume report the following year from the Senate intelligence committee – then chaired by Marco Rubio, now Trump’s secretary of state – both affirmed the offending January 2017 intelligence community assessment, which expressed “high confidence” in Russian interference.Vladimir Putin, Russia’s president, seemed to validate the intelligence’s premise in 2018 when, standing beside Trump at a news conference in Helsinki, he admitted wanting him to win.The newly unclassified 29-page document from Durham, made public this week, contains a deflating conclusion for Gabbard. It confirms that Russian spies were behind the emails that were originally released as the result of a Russian cyber-hack of internal Democratic information channels and which Trump supporters believed showed the campaign of Hillary Clinton, his 2016 opponent, conspiring to accuse him of colluding with Moscow.“The office’s best assessment is that the July 25 and July 27 emails that purport to be from Benardo were ultimately a composite of several emails that were obtained through Russian intelligence hacking of the US-based thinktanks,” Durham writes. He is referring to Leonard Benardo, of the Open Society Foundation, funded by George Soros, a philanthropist and bete noire of Trump’s Maga base.One of the emails purportedly from Benardo proposes a plan “to demonize Putin and Trump” and adds: “Later the FBI will put more oil on the fire.”That message and others, including from a Clinton foreign policy aide, Julianne Smith, became part of the so-called “Clinton Plan intelligence”. Benardo and Smith disputed ever writing such emails.In his 2023 report annexe, released on Thursday in heavily redacted form, Durham at least upholds Benardo’s disavowal – concluding that it has been cobbled together from other individuals’ emails to produce something more incriminating than the actuality.For Gabbard, who is feverishly trying to prove the existence of a “deep state” determined to sabotage Trump, emails suspected to have been confected by Russia is hardly a brilliant look in her evidence package.Some former intelligence insiders find that unsurprising – dismissing the idea as a Trump-inspired fiction. “Trump is lying when he speaks of a ‘deep state’,” said Fulton Armstrong, a retired CIA analyst who served under Democratic and Republican administrations. “But if there were one, it would not be Democrat. The culture of that world is deeply Republican.”The national intelligence director – who has never served in the intelligence services or sat on its eponymous congressional committee when she was in the House of Representatives – is likely to see Durham’s finding as immaterial to her quest to put Obama officials on trial for “manufacturing” intelligence.But Gabbard’s insistence – echoing her boss’s view – on the existence of a plot to torpedo Trump was dismissed on Friday by John Brennan, the CIA director under Obama, who told the New Yorker that Obama issued instructions that intelligence showing Russian meddling to be kept hush-hush, at least until polling day, to ensure a fair election.“He made very clear to us [that] he wanted us to try to uncover everything the Russians were doing, but also not to do anything that would in any way interfere in the election,” Brennan said.Gabbard has cited a 2020 House of Representatives intelligence committee report – endorsed only by its Republican members – challenging the assertion that Putin wanted to Trump to win.However, Michael Van Landingham, one of the CIA authors of the 2017 intelligence assessment now in her crosshairs, said credible intelligence cast the Russian leader’s motives in an unambiguous light.“The primary evidence to get to Putin’s mindset was a clandestine source that said, essentially, when Putin realized that Clinton would win the election, he ordered an influence campaign against Hillary Clinton,” Van Landingham told PBS News Hour.“Then we saw a series of events that happened with the hacked US materials by the Russian special services or intelligence services to leak those materials similar to the information a clandestine source had provided. At the same time, we saw lots of members of the Russian media portraying Donald Trump in a more positive light.“There was other information … collected by the US intelligence community … over time, having a high-quality, clandestine source telling you that Putin was counting on Trump’s victory, having members of the Russian state saying Trump would be better to work with because of his views on Russia that don’t represent the US establishment, all of those things gave us high confidence that Putin wanted Trump to win.” More

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      India to still buy oil from Russia despite Trump threats, say officials

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      Indian oil refineries will continue to buy oil from Russia, officials have said, before threatened US sanctions next week against Moscow’s trading partners over the war in Ukraine.Media reports on Friday had suggested India, a big energy importer, would stop buying cheap Russian oil. Trump later told reporters that such a move would be “a good step” if true.“I understand that India is no longer going to be buying oil from Russia,” he said. “That’s what I heard. I don’t know if that’s right or not. That is a good step. We will see what happens.”However, official sources in India, quoted by the news agency ANI, rebutted Trump’s claim, saying Indian oil companies had not paused Russian imports and that supply decisions were based on “price, grade of crude, inventories, logistics and other economic factors”.Trump’s remarks came a day after the White House announced tariffs of 25% on all Indian goods, along with a penalty for buying arms and energy from Russia amid the war in Ukraine.Trump has given an 8 August deadline for Vladimir Putin to stop the war or risk further sanctions on tariffs on countries that import Russian oil.Earlier this week, Reuters reported that Indian state-owned refineries had suspended Russian oil purchases amid the tariff threats and narrowing price discounts.But on Saturday, the New York Times cited two unnamed senior Indian officials who said there had been no change in Indian government policy related to importing Russian oil. One said the government had “not given any direction to oil companies” to cease buying oil from Russia.“These are long-term oil contracts,” one of the sources said. “It is not so simple to just stop buying overnight.”The sources cited by ANI said Indian oil refineries operated in full compliance with international norms, and that Russian oil had never been directly sanctioned by the US or EU. “Instead, it was subjected to a G7-EU price-cap mechanism designed to limit revenue while ensuring global supplies continued to flow.”They added: “India’s purchases have remained fully legitimate and within the framework of international norms.”The sources also noted that if India had not “absorbed discounted Russian crude combined with Opec+ production cuts of 5.8 mb/d [millions of barrels a day], global oil prices could have surged well beyond the March 2022 peak of US$137/bbl [a barrel], intensifying inflationary pressures worldwide”.skip past newsletter promotionafter newsletter promotionRussia is the top oil supplier to India, responsible for about 35% of the country’s supplies. India says that as a major energy importer it must find the cheapest supplies to protect its population against rising costs.On Friday, India’s foreign ministry spokesperson, Randhir Jaiswal, said: “We look at what is available in the markets, what is on offer, and also what is the prevailing global situation or circumstances.”Jaiswal added that India had a “steady and time-tested partnership” with Russia.This partnership has been a point of contention for the White House, with Trump posting on Truth Social on 30 July that while India was “our friend”, it had always bought most of its military equipment from Russia and was “Russia’s largest buyer of ENERGY, along with China, at a time when everyone wants Russia to STOP THE KILLING IN UKRAINE – ALL THINGS NOT GOOD!”In a second post, Trump added: “I don’t care what India does with Russia. They can take their dead economies down together, for all I care.”Ukraine’s military said on Saturday it had hit oil facilities inside Russia, including a refinery in Ryazan, causing a fire on its premises. The strike also hit an oil storage facility, a military airfield for drones and an electronics factory. More

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      The US is complicit in genocide. Let’s stop pretending otherwise | Mehdi Hasan

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      Can we finally stop pretending that what we have been witnessing in Gaza over the past 22 months is a “war,” a “conflict,” or even a “humanitarian crisis”? Many of the world’s leading human rights and humanitarian groups – including Amnesty International, Human Rights Watch and Doctors Without Borders – agreed months ago that what is being livestreamed to our phones on a daily basis is indeed a genocide.This week, Israel’s own leading human rights group announced that it had reached “the unequivocal conclusion that Israel is taking coordinated action to intentionally destroy Palestinian society in the Gaza Strip”. In other words, said B’Tselem, “Israel is committing genocide against Palestinians in the Gaza Strip”.The debate over whether or not Gaza is a genocide is, effectively, over. So can we now also stop pretending that we are mere bystanders to this genocide? That our sin is one only of omission rather than commission? Because the inconvenient truth is that the US has not just looked the other way, as tens of thousands of Palestinians have been besieged and bombed, starved and slaughtered, but helped Israel pull the trigger. We have been complicit in this genocide, which is itself a crime under article III of the Genocide convention.As retired Israeli Maj Gen Yitzhak Brick acknowledged in November 2023: “All of our missiles, the ammunition, the precision-guided bombs, all the airplanes and bombs, it’s all from the US. The minute they turn off the tap, you can’t keep fighting. You have no capability … Everyone understands that we can’t fight this war without the United States. Period.”In fact, given Brick’s assessment, I would argue that what we have witnessed in Gaza from the US government is worse than complicity. It is active participation in an ongoing genocide.Donald Trump has given Benjamin Netanyahu, the Israeli prime minister, and his far-right government not only the green light to “clean out” Gaza and “finish the job”, but also the arms, intel and funds to do so. When Netanyahu launched his blockade of all food and aid going into Gaza in March, he emphasized it was done “in full coordination with President Trump and his people”. “Over the past six months,” Axios reported in late July, “Trump has given Netanyahu an almost free hand to do whatever he wants in Gaza.” An Israeli official told the site: “In most calls and meetings Trump told Bibi: ‘Do what you have to do in Gaza.’”Trump’s Republican allies in the House and Senate are even more gung-ho. Forget complicity; Congress is filled with GOP cheerleaders for genocide, from Senators Tom “bounce the rubble in Gaza” Cotton to Lindsey “level the place” Graham. The newest member of the House, Randy Fine, a Republican representative of Florida, has called for the nuking of Gaza and said just days ago that Palestinians in Gaza should “starve away” until the Israeli hostages are all released. (A reminder that incitement to genocide is also a crime under Article III of the Genocide convention.)But we cannot let Democrats off the hook either. The first 16 months of this mass slaughter unfolded on a Democratic president’s watch. From the get-go, Joe Biden gave Netanyahu and his cabinet of génocidaires everything they needed – 2,000-lb bombs to drop on refugee camps filled with Palestinian children? Check. UN security council vetoes to prevent the passage of resolutions calling for a permanent ceasefire? Check. The burial of internal US government reports warning of war crimes and famine in Gaza? Check.It wasn’t just Biden. The vast majority of Democrats in Congress spent much of 2024 casting vote after vote to keep arming, funding and whitewashing the mass killing of Palestinian civilians. Even now, in the summer of 2025, seven high-profile Democratic senators were happy to take a smiling photo with Netanyahu, including the Senate minority leader Chuck Schumer, who claims talk of genocide is antisemitic and says his job “is to keep the left pro-Israel”.Then there is the US media’s complicity in this genocide. It isn’t just the Radio Rwanda wannabes over at Fox, where the morning host Brian Kilmeade has said it was hard “to separate the Palestinians from Hamas” and the primetime host Jesse Watters has said “no one wants” Palestinian refugees and “demographically [Palestinians] are a threat”.There are also genocide enablers in the liberal media. Those who repeatedly insist Israelis have a right to defend themselves while never asking whether Palestinians do. Those who parrot Israeli government talking points while sanitizing the violence inflicted on Gaza. Palestinians, remember, are not killed by Israeli bombs or bullets; they just “die.”US newsrooms have bent over backwards to present “both sides,” even when one side has been deemed genocidal by some of the world’s leading scholars on genocide. The New York Times, per an internal memo obtained by the Intercept, instructed journalists covering Gaza to limit the use of the terms “genocide” and “ethnic cleansing” and to “avoid” using the phrase “occupied territory” when referring to the West Bank and Gaza.One study of media coverage, also published by the Intercept, found that “highly emotive terms for the killing of civilians like ‘slaughter’, ‘massacre’, and ‘horrific’ were reserved almost exclusively for Israelis who were killed by Palestinians, rather than the other way around”. Another study, published in the Nation, found that “with one exception the Sunday shows covered and debated [Gaza] for 12 months without speaking to a single Palestinian or Palestinian American”.Go beyond the media. Elite US institutions are also disgracefully complicit in the annihilation of Gaza, from the Ivy League universities that punished anti-genocide protesters on campus; to the white-shoe law firms that disqualified anti-genocide applicants for jobs; to the big tech companies accused by a UN special rapporteur of profiting from the genocide.Most Americans, of course, don’t want to believe that our country is helping commit one of the 21st century’s worst atrocities. But, again, we must stop pretending. Our complicity and collusion are clear. As my Zeteo colleague Spencer Ackerman has written: “This is an American genocide as much as it is an Israeli one.”The US supplied and then resupplied the bombs and bullets used to kill tens of thousands of Palestinian civilians; the US facilitated the destruction of homes and hospitals; the US signed off on the starvation of children. These are the undeniable facts.And so to the Biden and Trump administrations, to Democrats and Republicans in Congress, to the US media, I say this: history will judge you. For the bombs you sent, the votes you cast, the lies you told. This will be your shameful legacy when the dust finally settles in Gaza, when all of the bodies have been pulled from the rubble. Not defending your ally or fighting terrorism, but non-stop complicity in a genocide; aiding and abetting the crime of crimes.

      Mehdi Hasan is the founder, CEO and editor-in-chief of the media company Zeteo. More

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      Good, mad and ugly: the US economy’s performance under Trump – in charts

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      According to Donald Trump’s White House, the US economy is booming, inflation is dead and jobs are surging. A blizzard of economic reports has cast a pall on such claims in recent days.This week’s data on Trump’s early economic record was mixed – good, mad and ugly – with jobs numbers so weak he reached for the catchphrase he once used to build himself into a reality TV star: you’re fired.The picture is chaotic, with robust headline growth in the world’s largest economy, wild swings in trade, and a remarkable slowdown in the labor market.For six months, Trump has staged an extraordinary campaign to overhaul the global economy and extract concessions from Washington’s allies and rivals by threatening and imposing steep tariffs on their US exports.But the unpredictable, erratic rollout of this strategy has already had bizarre consequences.Resilient-ish growthOn the surface, at least, this week’s deluge of data opened with good news: the US economy returned to growth in the second quarter, with gross domestic product (GDP) – a broad measure of economic health – expanding at a rate not seen since last summer.But this followed an unexpected contraction in the first quarter, and underlined some more concerning figures, such as a 15.6% drop in private domestic investment. Businesses have been struggling to keep up with the hour-by-hour jerks and jolts on sweeping economies policies.Yes, there was good growth in the last quarter but in the first six months, the US economy grew at a mediocre 1.2%. The Wall Street Journal called it “the weirdest GDP report ever”.Imports surge and plungeDelve a bit deeper, and you start to see how the US economy is grappling with a series of extraordinary forces as Trump hammers out his trade strategy.Firms spent much of the first quarter waiting for the president to reveal his plans for tariffs: which countries would be targeted, at what rates, and when. They stockpiled, triggering an unprecedented surge in imports that pushed growth into the red.In the second quarter, however, as Trump started to ramp up his economic attacks, imports tumbled at an equally astonishing pace. Net exports – how much a country exports more than it imports – boosted GDP.Interest rates on holdThis is Trump’s least favorite chart. Despite his many public demands, threats and attacks, the Federal Reserve has not yet cut interest rates this year.Why? Jerome Powell, the central bank’s chair, has repeatedly argued it should wait and see the impact of the president’s trade strategy before moving. Fed officials are worried that inflation – despite Trump’s claims that it has collapsed on his watch – has actually remained stubborn, and might rise as a result of his tariffs.This has gone down extremely poorly in the White House, where officials are counting down the weeks until Powell’s term as chair ends next May.Jobs growth stallsData released on Friday fundamentally changed the way US policymakers and politicians think about the economy. Until then, many inside the Fed thought everything was broadly ticking over nicely – and Trump administration officials claimed they were overseeing a boom in activity.But July’s employment report revealed far fewer jobs were created that month than economists had expected, and revised down estimates for May and June by an astonishing 258,000. Job creation has stalled.“Look, this jobs report isn’t ideal,” Stephen Miran, chairman of the White House council of economic advisers, told CNN, before suggesting that fading uncertainty around trade and fiscal policy would lead to significant improvement.“It’s all going to get much, much better from here,” he added. More

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      The inside story of the Murdoch editor taking on Donald Trump

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