- Nov 12, 2016
- Reaction score
"Trump, like past presidents, is given a preview of the sensitive report before its official release, but a 1985 directive issued by the Reagan administration requires that the executive branch not comment on the information until an hour after it is made public."
This is one more instance of corruption in the Trump administration. Reagan sought to prevent insider trading and politization:
Trump breaks with decades of protocol with tweet before release of jobs reportThe rule governing comment on the jobs data was put in place for at least two reasons. First, financial markets respond immediately to the monthly report, and a premature release could lead to insider trading or market manipulation.
Second, there has been a strong effort to insulate this information from political leaders, as advance discussion of the data could make it seem politicized. During the Obama administration, Trump routinely said that the numbers in the jobs report had been tampered with to bolster Democrats’ political prospects.