Author: Jason Lange / Source: Reuters
WASHINGTON, Dec 24 (Reuters) – The Trump administration is arranging a phone call on Monday with top U.S. regulators to discuss financial markets as stocks fell again amid concern about slowing growth, the government shutdown and the independence of the Federal Reserve, the Treasury Department said.
Treasury Secretary Steven Mnuchin will host the call with the president’s Working Group on Financial Markets, known colloquially as the “Plunge Protection Team.”
Mnuchin made calls to top U.S. bankers on Sunday and got reassurances that banks were still able to make loans, the Treasury said….
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