Trump raises eyebrows by tweeting about sensitive jobs report
Trump raises eyebrows by tweeting about sensitive jobs report
AFP Getty Images
04 June, 2018, 07:59
"Looking forward to seeing the employment numbers at 8:30 this morning", he tweeted at 7:21 a.m. ET.
As noted by The New York Times, the White House Office of Management and Budget has a rule requiring officials to protect all prerelease information they may be privy to.
The yield on the 10-year Treasury note, which moves in the opposite direction of price, was at 2.885% at the time of Trump's tweet, The yield quickly moved up to 2.895% after the tweet, and climbed as high as 2.922 after the official release of the jobs report.
Trump supporters say the president's economic plan and hard-bargaining with other countries is paying dividends for USA workers.
More good news for the American economy: New jobs numbers show the unemployment rate is now down to 3.8 percent, the lowest it's been in 18 years.
President Donald Trump tweeted early on Friday that he was "looking forward" to the May jobs report, which he had access to the night before. "It's not classified information, but it is market sensitive". Specifically, Trump shared details of an Islamic State terrorist threat, which were believed to have been provided by Israel, a key US ally.
Industrial production recorded its third straight month of gains, while more than three out of four manufacturers reported hiring more workers and investing more in plants and equipment.
Trudeau, in an interview aired on Sunday by NBC's "Meet the Press", said it was "insulting" to hear the US claim that Canadian steel and aluminum posed a national security threat.
And late past year, responding to criticism that he had been silent about the deaths of four U.S. Special Forces members in Niger, the president referred the 2010 death of White House Chief of Staff John Kelly's son in Afghanistan, publicly revealing what Kelly had shared privately with him - that then-President Barack Obama did not call Kelly after his son's death. Employers added 223,000 jobs in the month, more than more economists were forecasting.
"No president has fought the war on poverty better than Donald J. Trump", Mr. Navarro said on Fox's "Sunday Morning Futures". "It's closely held and misuse of it leads to dismissal".
Kudlow said that, as is custom, the Labor Department gave the jobs report to Kevin Hassett, chairman of the Council of Economic Advisors, on Thursday. If I were still working in the White House, I would have received the numbers around 1 p.m. "No one revealed any numbers".
"If he was sending a message that it was a good number, when there is not a good number, we will now know it because he won't tweet", said Kaltbaum.
Any early release of the information could, therefore, affect markets.
The answer to this question is clearly that we can not be sure that this hasn't or wouldn't happen thanks to the fact that this President has already violated almost every other norm that applied in the past.
Washington has long tried to prevent market-moving data like the employment numbers from being prematurely released. "But secondly, and fundamentally, its really important that government statistics are perceived as being nonpartisan, nonpolitical data".
The Trump administration last week opened up another 15,000 H-2B visas to help USA employers hire temporary non-agricultural workers in an effort to help fill seasonal jobs during the busy upcoming summer tourist season. "He jumped over it". But Friday's jobs report suggests that they are taking chances with pockets of the unemployed and underemployed whom they had previously ignored.
Jason Furman, who chaired the Council of Economic Advisers in the Obama administration, said he anxious the decision would introduce instability into markets and appear to politicize statistics.
Josh Wright, a former Federal Reserve staffer who is now the chief economist at the recruiting-software firm iCims, called the tweet "a significant violation of prior norms, at the least".
Trump, like all presidents, got briefed on the jobs figures Thursday evening.
Given that Trump didn't report exact numbers, it's probable that he didn't technically violate the rule in question, but he certainly came close to doing so, and it raises concerns about the future and what impact this breach of protocol will have in the future.
In the meantime, the Russian Investigative Committee has launched its own investigation into Babchenko's death. He accused Ukraine and its "Western handlers" of seeking to use it to stir up anti-Russian sentiments.
Melania Trump is squashing conspiracy theories that have swirled in the three weeks that she's been absent from the public eye. Naturally enough people are jumping to all sorts of conclusions online as to what she's doing in her private time.
Trump cancelled the on-off North Korea summit in late May, blaming the country's " tremendous anger and open hostility ". Trump said the lengthy conversation Friday "went very well" and called it "a get to know you kind of a situation".
Defender Dejan Lovren had the best chance to open in a header that grazed Brazil goalkeeper Alisson's right post after a corner. Roberto Firmino: "I'm very happy to play and score at home [ Anfield ], helping the team earn the victory".
A tweet sent out by Kardashian West about her visit was later retweeted by Trump's eldest son, Donald Trump Jr. Republican Senator Ted Cruz of Texas welcomed Trump's announcement that he meant to pardon D'Souza.
The last ministerial-level talks between Tokyo and Pyongyang were in 2015, also on the sidelines of an Asean meeting. The Russian foreign ministry also released pictures of the two men shaking hands and smiling.
The clip shows what seems to be a Spartan-looking character kicking another solider off a cliff; an homage to Frank Miller's 300. The leak originally came from upcoming Assassin's Creed merchandise, which was spotted by French site, JeuxVideoLive .
According to the fan encyclopedia at Fallout Wikia, Vault 76 was meant to open just 20 years after a 2077 nuclear conflict. The song could indicate that the game might take place around West Virginia and the mountainous region.
Andre Burakovsky chipped in with two assists of his own as the Capitals won their first-ever game in a Stanley Cup final. It's just the way it works out sometimes. "We just. play on instincts". "We really need to simplify things".
Zuckerberg met with prominent right-wing leaders at the company's headquarters in an attempt at damage control. The Trending feature introduced four years ago listed stories buzzing on Facebook at any given time.
He said the attackers set off a suicide auto bomb at the entrance to the station before three suicide bombers tried to enter. Sources also said police have not handed over the armored vehicles, used by the attackers, to the NDS for investigation.
At least 7 dead as volcano erupts in Guatemala
Hundreds of rescue workers, including firefighters, police and soldiers worked to recover bodies from the still-smoking lava. Farmers covered in ash fled for their lives as civil defense staffers tried to relocate them to shelters during the event.
Facebook sinking fast among US teens
The shares of teenagers who use Twitter and Tumblr are largely comparable to the shares who did so in the 2014-2015 survey . The survey discovered that 50 percent of female users said they were always online compared with 39 percent of male users.
Sanders statement on Trump tariffs
The EU said the imposition of the tariffs is "inconsistent with the US' obligations and rights set out in the WTO Agreement". He added: "We believe in a rules-based system, a multilateral system, President Trump doesn't and we must understand that".
Warriors shoot well, Cavs stay close in Game 2
This was something which James emphasised when talking to the media about the incident, as he said: "We've got to move on". The boxscore shows Curry finished with 33 points, including an NBA Finals record nine 3-pointer.
Roseanne says she ‘begged’ ABC to save her show
Roseanne Barr has been widely criticised for a tweet she posted to Valeri Jarret, a former White House advisor for Barack Obama . Her show has become a weekly source of controversy in the current American zeitgeist and it looks like ABC had just had enough.
Michael Avenatti Causing Problems for Federal Probe
Avenatti is an active thorn in the side of the White House and had come to court to press for his inclusion in the proceedings. Avenatti denied that he did anything wrong. "Not even the same firm in the case", he said.
Germany's Joachim Low rules himself out of Real Madrid running
Zinedine Zidane is being lined as the next manager of the Qatar national team on a £50 million-a-year deal, according to reports . Pochettino, who joined Spurs in 2014, said: "I am happy at Tottenham because they let me work and we are growing together.
Fulham secures EPL return, windfall of at least $210m
However, his pain could be short-lived as the Red Devils are reportedly looking to bring him to the Premier League regardless. Fulham teenager Ryan Sessegnon , meanwhile, said: "It's been a fantastic season for me and the team".
Alberto brings landslides to North Carolina after killing 2
Tropical Storm Alberto's heavy downpours brought almost 7 inches of rain in 24 hours to North Carolina causing several mudslides. In the North Carolina mountains, one of those landslides was blamed for a gas leak that destroyed a home, killing two people.
You can get free doughnuts Friday
Do I have one near me? In celebration of the day, the company gave new names and designs to their classic donut flavors. Mary Ann Donut Kitchen at 1601 Liberty St in Allentown is offering a "Baker's Dozen" deal for National Donut Day.
Zinedine Zidane: Real reason manager quit Real Madrid
Mohamed Salah faces a tight fight to play in Egypt's FIFA World Cup group games, as per one of Liverpool's physiotherapists. Although it's early and updates on Salah's status will follow, Egypt appear to have dodged a major bullet.