White House invites Wall Street executives for coronavirus meeting - source
Source: CNBC
The White House is inviting Wall Street executives to discuss the response to the new coronavirus outbreak, an administration official told CNBC. President Donald Trump is expected to attend the meeting, which is scheduled to be held Wednesday. Invitations were being sent out as of Monday afternoon, the official told CNBC.
The meeting was arranged amid a punishing market rout spurred by fears about the impact of the coronavirus. The plummeting S&P index forced a trading halt early in Mondays session, as coronavirus fears gripped global industries and plunging oil prices deepened the strain on the market.
The Trump administrations coronavirus task force, led by Vice President Mike Pence, has scrambled to respond as more Americans test positive for the disease. White House aides are set to meet with Trump and present economic stimulus ideas to him after he returns to Was
On Tuesday, Treasury Secretary Steven Mnuchin and National Economic Council Director Larry Kudlow are set to brief Senate Republicans at a lunch event on the administrations economic options, NBC News reported, citing a senior GOP leadership aide.
Read more: https://www.cnbc.com/2020/03/09/white-house-to-invite-wall-street-executives-to-meet-over-coronavirus-concerns.html
"... Treasury Secretary Steven Mnuchin and National Economic Council Director Larry Kudlow
are set to brief Senate Republicans"
KSNY
(315 posts)riversedge
(70,330 posts)KSNY
(315 posts)jaysunb
(11,856 posts)Javaman
(62,534 posts)Newest Reality
(12,712 posts)A trip to the welfare office is a good idea now for those kings/queens who apply to the Dear Leader for help. They need it more than we do, so let's hope it is a regular and copious amount of public assistance.
rzemanfl
(29,571 posts)They're in league with reporters on that. Huge deep state conspiracy.
alwaysinasnit
(5,075 posts)bdamomma
(63,928 posts)that all those rich SOB's start jumping out of their windows. But that was during the Depression.
Cousin Dupree
(1,866 posts)Vinca
(50,313 posts)People from Congress are now isolating themselves. It's shown up at a D.C. church. There's no reason for them to expose themselves to the risk since, in the end, they can't do much about how trading goes. IMO, the crash is more a reaction to Trump's blatant incompetence than any illness.
lagomorph777
(30,613 posts)Even MAGAts are seeing right through his bullshit.
pat_k
(9,313 posts)... will only benefit the top 10%, who already own about 70% of our national assets.
Heaven forbid they do anything that would actually boost things -- like putting money into the hands of those who need it most. (You know, the people who are guaranteed to spend it, which puts money into the hands of the people they are buying from... and so on, thus multiplying the effect.) Fast infusion by boosting social safety nets to a level that actually HELPS. Institute a wealth tax to fund bold programs (they are losing a lot more right now than they would gain by actually contributing dollars to things to make the economy work for more of us). Train for better paying jobs. Fund big infrastructure projects. Fund college to boost income potential. Forgive debt. Cap interest rates for consumer credit at a reasonable number....
But you all know this...
RockRaven
(15,019 posts)The stock market is dropping because the Trump Admin is focused on the stock market and PR instead of epidemiology and health care resources and public health emergency actions.
Sugar Smack
(18,748 posts)Share the love, heh, heh.
left-of-center2012
(34,195 posts)'It's the economy, stupid!"
"Mnuchin, Kudlow to meet with Senate GOP as coronavirus's economic impact grows"
https://thehill.com/homenews/senate/486653-mnuchin-kudlow-to-meet-with-senate-gop-as-coronaviruss-economic-impact-grows
duforsure
(11,885 posts)I suspect he'll try to bully them into doing things to rig the market numbers so he can claim he's succeeding , by promoting more lies. The threats and accusations will be coming if they won't do illegal things to protect him. It'll be corrupt whatever he wants to do. He'll threaten to hurt them if they don't do as he says.
bucolic_frolic
(43,344 posts)Breathe deep
lagomorph777
(30,613 posts)Watch lights fade from every room.
Bedsitter people look back and lament,
Another day's useless energy spent.
Talitha
(6,622 posts)lagomorph777
(30,613 posts)littlemissmartypants
(22,839 posts)yonder
(9,679 posts)Cold hearted orb that rules the night.
Removes the colors from our sight.
Red is grey and yellow is white.
And which is an illusion?
Maybe from a different song, dunno. Funny how I can't remember yesterday, but 50 year old words float right to the top.
Elwood P Dowd
(11,443 posts)Which one had that song?
yonder
(9,679 posts)lagomorph777
(30,613 posts)BigmanPigman
(51,638 posts)is closed and tRump starts to speak about being perfect and smart.
rickyhall
(4,889 posts)bucolic_frolic
(43,344 posts)Trump Demands Barr Investigate The Medias Coronavirus Coverage
https://www.politicususa.com/2020/03/09/trump-barr-coronavirus.html
lagomorph777
(30,613 posts)He should sue the virus too.
mahatmakanejeeves
(57,653 posts)Eugene
(61,964 posts)Don't be surprised if Barr's next task is to search for scapegoats.
Many people have already said this, but it needs to be stated again and again: "You can't spin a pandemic."
mahatmakanejeeves
(57,653 posts)Well, that takes care of everything.
Evolve Dammit
(16,781 posts)Jarqui
(10,130 posts)Evolve Dammit
(16,781 posts)turbinetree
(24,720 posts)and economic stimulus.......................hey shit for brains....................how about incentives for the middle class, like here's one....................everyone that owns a home and is making payments gets three a month break...................
And then instead of bringing in both parties in for the conversation, nope, shit for brains Ludlow and vulture capitalist Mnuchin want to have a meet and greet with the right wing bat shit crazies, that don't believe in science, and that should have convicted there leader for being a criminal and is totally unprepared to lead by example in a world wide epidemic....................but they will pass the salt and pepper...............for the salad....................
November 3, 2020 and January 3, 2021 cannot , and I repeat cannot get here fast enough.............
eppur_se_muova
(36,301 posts)Miguelito Loveless
(4,475 posts)is a meeting at the White House. It's a pestilential Hell hole by now.
Nitram
(22,900 posts)jpak
(41,760 posts)yup
tclambert
(11,087 posts)Last time Trump was on TV he was sniffling a lot.
Karma says they should all contract it from Trump. Then Trump can actually take credit for draining the swamp.
left-of-center2012
(34,195 posts)He's been doing that for years.
A zillion posts on DU about it.
Some have suggested coke,
and I don't mean 'diet'.