Monday, December 24, 2018

Top Trump official calls bankers, will convene 'Plunge Protection Team'


By Reuters, Dec. 23, 2018

WASHINGTON (Reuters) - U.S. President Donald Trump’s Treasury secretary called top U.S. bankers on Sunday amid an ongoing rout on Wall Street and made plans to convene a group of officials known as the “Plunge Protection Team.”

U.S. stocks have fallen sharply in recent weeks on concerns over slowing economic growth, with the S&P 500 index .SPX on pace for its biggest percentage decline in December since the Great Depression.
Read More: https://www.reuters.com

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