President Trump Donald John TrumpSteele Dossier sub-source was subject of FBI counterintelligence probe Pelosi slams Trump executive order on pre-existing conditions: It 'isn't worth the paper it's signed on' Trump 'no longer angry' at Romney because of Supreme Court stance MORE sought to downplay on Friday the investigation into possible collusion between his campaign and Russia, touting instead his efforts to remove government regulations and create jobs.

"Despite the phony Witch Hunt going on in America, the economic & jobs numbers are great. Regulations way down, jobs and enthusiasm way up!" Trump wrote on Twitter.

Despite the phony Witch Hunt going on in America, the economic & jobs numbers are great. Regulations way down, jobs and enthusiasm way up! — Donald J. Trump (@realDonaldTrump) June 16, 2017

Trump has frequently boasted that the U.S. economy has added about 600,000 jobs in the four months since his inauguration in January. In the four months before Trump's election, however, the economy added roughly 840,000 jobs.

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Still, the stock market has seen gains under Trump, and enthusiasm among business owners rose after the election amid Trump's promises to roll back regulations and cut tax rates.

But Trump has also faced mounting controversies related to ongoing law enforcement and congressional investigations of Russia's role in the 2016 presidential election, as well as possible coordination between his campaign and the Kremlin.