- Treasury secretary Steve Mnuchin called top bankers Sunday following a tumultuous month for US markets.
- Monday, he will meet with top government officials overseeing the economy.
- On Sunday, Mnuchin addressed reports that Trump sought to fire Fed chairman Jay Powell following increased interest rates, tweeting a statement of denial.
The U.S. Treasury secretary Steve Mnuchin said on Sunday he held a series of phone conversations with top American bankers in what appeared to be a bid to ease nerves in financial markets, which have been steeped in turmoil for the last month.
“Today I convened individual calls with the CEOs of the nation’s six largest banks,” Treasury Secretary Steven Mnuchin said in a Twitter post.
Mnuchin says the CEO’s indicated that they’re in good condition to maintain the markets and their everyday functioning.
As reported by Business Insider