This I wish more leaders did. It can be really demoralizing to the point of leaving a role when you hear company stuff that's blatantly false, in bad faith, or whatever - and your leader, who you know damn well is smart enough to see it as well, looks you dead in the eye and repeats the company line.
In other words, "don't piss on my shoes and tell me it's raining." I'd rather be told you're screwing me than being screwed and gaslit about it. No matter what, in the end I'm going to remember I was screwed and how you approached that.