But Trump’s firing of the BLS chief escalated his administration’s attack on information. Though researchers who rely on federal economic data say it’s too early to declare U.S. economic data untrustworthy, public trust in these essential information collection systems has been weakened.

The bill’s path forward is doubtful given that it would need to earn at least some Republican support in the House and Senate.

Markets appear unfazed by Trump's shocking move to fire the BLS chief. Stronger rate-cut odds and solid earnings are helping investors look past the news.