💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Trump, Pence held call with investors on economy: administration official

Published 03/24/2020, 05:51 PM
Updated 03/24/2020, 05:55 PM
© Reuters. U.S. President Trump and coronavirus task force participate in Fox News town hall event at the White House in Washington
BX
-

WASHINGTON (Reuters) - U.S. President Donald Trump and Vice President Mike Pence held a conference call on Tuesday with Wall Street investors to discuss the U.S. economy, the Federal Reserve and other issues, an administration official said.

The list of senior executives included, but was not limited to, Dan Loeb of Third Point, Stephen Schwarzman of Blackstone Group (N:BX), Robert Smith of Vista Equity, Jeff Sprecher of ICE/NYSE, Paul Tudor Jones of JUST Capital and Citadel Chief Executive Ken Griffin.

Pence led the call, according to a source familiar with the matter, adding that Vista's Smith told Trump and Pence that small businesses did not have enough liquidity to survive the crisis without help, and that they needed more government support.

© Reuters. U.S. President Trump and coronavirus task force participate in Fox News town hall event at the White House in Washington

Trump and Pence have met with a wide range of business executives in recent weeks as the administration looks for ways to slow the spread of the coronavirus and halt the rapid economic downturn.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.