Trump tweeted a big hint about the monthly employment numbers, one of the most closely watched pieces of government data.

In March of a year ago, then-White House press secretary Sean Spicer ran afoul of the directive when he took to Twitter 22 minutes after the Bureau of Labor Statistics had released the jobs report for the previous month to tout that the 235,000 net jobs gain and the slight decline in the unemployment rate were "great news for American workers".

Trump sent out his tweet at 7:21 AM on Friday; the jobs report was released at 8:30 AM.

"This could go on for a whole bunch more years, in my judgement", White House economic advisor Larry Kudlow told CNBC.

Though Trump's tweet suggested a strong jobs report, it may not have been the White House's first time giving clues on the numbers.

If one can draw a postive inference from the fact that the President tweeted a "heads-up" an hour in advance of the jobs report, what conclusion will traders reach if he fails to do so in the future, and what impact will that have on markets?


In the span of time between when Trump posted his tweet and when the jobs report was released, USA treasury yields shot up. Trump has made the roaring stock market a centerpiece of his administration and re-election campaign, though Wall Street has faced recent uncertainty due to the administration's saber-rattling over tariffs.

Trump supporters say the president's economic plan and hard-bargaining with other countries is paying dividends for US workers.

Trump is not the first USA president to chart the White House's own schedule for commenting on major economic reports. He tweeted "If during the Clinton or Obama Administrations there had been a statement from POTUS or anyone senior official in the morning before the Employment Report it would have been a major scandal-with all sorts of investigations following on".

He said that Canada, for example, "just kicks us on lumber and puts people out of work in Maine".

The President teased the Jobs Report an hour before it was officially released.

So, 69 minutes before anybody was supposed to know what was in this morning's jobs report, Trump signaled that it would be good.


"I don't think he gave anything away, incidentally", Kudlow added.

"1985 federal directive on #JobsReport states: "employees of the Executive Branch shall not comment publicly on the data until at least one hour after the official release time".

The former chairman of the council of economic advisers said that Trump broke the law.

President Donald Trump talks to reporters as he boards Air Force One to depart for a trip to Houston and Dallas, Texas, from Joint Base Andrews in Maryland, May 31, 2018.

He added that he did not want to say more that would get ahead of the curve.

But former Obama White House press secretary Jay Carney took it a step further, saying that the same would be true under both Bush administrations:Ari Fleischer, former White House press secretary to President George W. Bush, seemed to concur.


"You can read into that 10 different things", Kudlow said.

Related news:

Share this:

Hot News

isis-killer-beheading-video-story-top The beginning of the end? Teens are abandoning Facebook for YouTube
Jun 04, 2018 - 07:44
Another insight from the study that emerged was that girls are more likely to use Snapchat , while boys mostly use YouTube . Another interesting characteristic found in both reports is that Facebook use is more popular among lower incomes.

isis-killer-beheading-video-story-top Judge holds hearing on Michael Cohen probe
Jun 02, 2018 - 05:16
There will also be an update Wednesday on whether documents seized during the raid are privileged communications. Should his application be accepted, Wood said it would require him to "change [his] conduct".

isis-killer-beheading-video-story-top Washington Capitals vs. Vegas Golden Knights - 6/2/18 NHL Pick, Odds, and Prediction
Jun 02, 2018 - 04:15
The Knights, meanwhile, are 6-2 on the road in the playoffs and have yet to lose two straight in any fashion this spring. Yes, that cross-check by Reaves happens multiple times per game in an average game, but read that again.

isis-killer-beheading-video-story-top Anti-Kremlin Russian journalist shot and killed in Ukraine
Jun 02, 2018 - 03:46
Babchenko showed up one day after he had purportedly been killed in a police ruse to try to catch a person who ordered him shot. In April 2015, Oles Buzina, another prominent journalist who was critical of Ukraine's authorities, was shot dead in Kiev.

Facebook ditches trending news section
Jun 02, 2018 - 03:28
Testing is underway for a "breaking news" label with 80 news publishers worldwide, said the company. However, the company declined to provide a list of publishers or details on the funding.

isis-killer-beheading-video-story-top Roseanne: 'I Begged Them Not To Cancel The Show'
Jun 01, 2018 - 19:15
There are growing concerns about Roseanne Barr's mental state days after a racist Twitter rant led ABC to ax her hit TV show. Maybe I just didn't get the call?' "I've been up there [10] times already, and if I didn't get one, I'm not gonna get one".

isis-killer-beheading-video-story-top Assassin’s Creed Odyssey Leak Is Best Proof Yet Of Ancient Greece Setting
Jun 01, 2018 - 19:01
Last year, the long-running Assassin's Creed franchise got a full over-haul with the release of Assassin's Creed Origins . If true, the RPG elements of the new game will go through the roof making it the most immersive title to date.

isis-killer-beheading-video-story-top Where to score free doughnuts in El Paso on National Doughnut Day
Jun 01, 2018 - 18:36
Koala Kolache: is introducing mochi donuts to Houston and will offer a free glazed mochi donut on National Donut Day. Potbelly Sandwich Shop: Although there are no doughnuts associated with this deal, it's still pretty good.

isis-killer-beheading-video-story-top US imposing steel and aluminium tariffs on Canada, Mexico
May 31, 2018 - 21:57
Barring an 11th-hour reprieve, those exemptions will expire as scheduled. Ross criticized the European Union for its tough negotiating position.

isis-killer-beheading-video-story-top Japan reports another suspected case of North Korea sanctions violation
May 31, 2018 - 21:04
US Secretary of State Mike Pompeo and North Korea's former military intelligence chief held "substantive talks" in NY today. Shortly afterward, however, the U.S. president said that he was still open to the meeting with the North Korean leader.

isis-killer-beheading-video-story-top Serena's 'Wakanda-Inspired' Bodysuit About More Than Fashion
May 31, 2018 - 21:04
Serena Williams has returned to the court after giving birth to her first child a year ago - and she's done so in dramatic style. A CT scan revealed several small clots had indeed settled in her lungs, and doctors administered blood-thinning medication.

isis-killer-beheading-video-story-top LeBron James, Cavaliers edge past Celtics to reach NBA Finals
May 31, 2018 - 20:59
Love shot below 40 percent from the field again a year ago , averaging 16.0 points and 11.2 rebounds per game. And with the postseason coming down to crunch time, we get to see big time players produce in big time spots.

isis-killer-beheading-video-story-top Anti-Kremlin journalist back from the dead as Ukraine admits set-up
May 31, 2018 - 20:59
The journalist said his home address was published online and the threats he received were made by phone, email and social media. He was discovered in a pool of blood and died in an ambulance on the way to a local hospital, authorities said.

isis-killer-beheading-video-story-top Police release body cam videos of violent arrest on New Jersey beach
May 31, 2018 - 20:56
Body camera footage reveals a physical altercation that took place on Wildwood Beach between New Jersey police officer and woman. The officer flipped the camera back on mid-discussion, presumably after he explained he would allow Weinman to leave.

isis-killer-beheading-video-story-top Spain's Carvajal fit for World Cup
May 31, 2018 - 20:48
Egypt still looks like they will bring along Salah for the campaign, but whether he plays a game or not still remains in question. The Egyptian national football team have since tweeted that Salah will undergo a scan on his shoulder.