Labor experts – including Trump administration top Cabinet members – are putting the blame on the Federal Reserve and Chairman Jerome Powell for the latest disappointing jobs report and signs of a weakening economy.

"Jerome Powell should be embarrassed by this report because he has not done his job," U.S. Labor Secretary Lori Chavez-DeRemer said on FOX Business' "Varney & Co." Friday.

Treasury Secretary Scott Bessent published a Wall Street Journal op-ed Friday, arguing that the Fed’s expansion of its policy toolkit after the Great Recession has weakened its ability to manage the economy.

"The U.S. faces short- and medium-term economic challenges, along with the long-term consequences of a central bank that has placed its own independence in jeopardy," Bessent wrote. "The Fed’s indepe

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