On Friday, the Bureau of Labor Statistics released a jobs report that upended the narrative pundits, journalists, government officials, and the White House had been repeating for months: The economy is doing just fine.

Though Trump rejects the results of the report, Friday's jobs figures could raise the chances that the Fed cuts rates next month.

To hear President Donald Trump and his allies tell it, the ex-chief of the government agency that produces the critical U.S. employment report deserved to be fired due to political bias. Former leaders of the Bureau of Labor Statistics — the agency in the middle of a political firestorm — scoff at the idea.