The Trump administration stands on the cusp of something potentially transformative. If President Trump succeeds in unleashing a new era of energy abundance and securing America’s leadership in artificial intelligence, the economic gains will be profound. Lower energy costs, faster innovation and greater industrial dynamism would provide a powerful tailwind to American productivity and growth.

But if the president continues to treat disagreement as disloyalty — especially from vital, independent agencies such as the Bureau of Labor Statistics and the Congressional Budget Office — then Trump’s second term could leave a dark mark on the country. He has been bullying the chair of the Federal Reserve for months. The president and his proxies launched nonstop attacks on the CBO during the “One

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