As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by WASHINGTONEXAMINER.COM:
Democratic senators are asking regulators to investigate whether President Trump gave anyone an inside tip on the May jobs report, after he prematurely touted the numbers on Twitter.
Elizabeth Warren of Massachusetts and two other Democrats asked the Securities and Exchange Commission and other federal regulators to probe whether anyone spoke with Trump prior to the report’s release and was able to trade on information from the president, who received the jobs numbers the night before they were released publicly.
The article goes on to state the following:
“President Trump recklessly violated federal rules and years of precedent by telegraphing financial data that has the power to move our markets,” Warren said in a statement. “The Trump administration is swarming with people who have secret financial holdings and conflicts of interest a mile long.”
The senators also asked the Bureau of Labor Statistics and the Council of Economic Advisers to explain Trump’s too-soon Tweet.
Federal guidelines prevent administration officials from commenting on the jobs numbers before they’re released.
Looking forward to seeing the employment numbers at 8:30 this morning.
— Donald J. Trump (@realDonaldTrump) June 1, 2018
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BREAKING: White House Press Sec. tells CNBC that President Trump was briefed on the jobs report last night & it was appropriate to tweet that he was ‘looking forward’ to the report this morning because he didn’t put the numbers out early https://t.co/4LLtae6nUY pic.twitter.com/JGSSJgZBdl
— CNBC Now (@CNBCnow) June 1, 2018
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