Treasury secretary startles Wall Street with unusual pre-Christmas calls to top bank CEOs

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Treasury Secretary Steven Mnuchin called the heads of the biggest U.S. banks on Sunday to confirm they are financially sound and not experiencing excessive financial stress, a highly unusual pre-Christmas outreach coming during a challenging time for investors.

 

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Hello America. Remember the saying, 'be careful what you wish'. You wished for an Idiotic, Criminal, Corrupt, Despotic Racist, Supremacist to follow the Presidency of the only African American President, President Barack Obama. Impeach & Indict Trump..

As soon as Donald trump is hauled out of the White House in handcuffs the market will recover.

Oh my gosh, is this corruption or just meddling? Is this dangerous and par for the course from the trump administration? Whatever, it sure seems UNETHICAL!

Aka I warned you about the chaos ahead, you assured me you could handle it, while secretly selling off bad stuff.

We could easily fix the stock market by forcing the idiot in the White House to resign.

Sudan_towns_uprising

smartdissent The administration is trying to set off an economic panic. Good thing no one trusts them, and the only thing we have to fear is fear itself.

Best to buy a house safe, withdraw ample cash from the bank & stockpile food, gas etc. For the Trump extreme crisis to impact all democracies.

What next? Melt down all our steak pots for fence steel?

Mnuchin calling bank executives is like trying to.pump up your tires without fixing the leak.

As if jackass stevenmnuchin1 knows what the hell he’s doing.

Such an unnecessary state of affairs. Trump does not look out for Americans, only himself.

The Trump administration right now...

FreckledShelley On a Sunday? 🤦‍♂️

time to panic when Mnushin says don't panic...till we hit the iceberg Trump chaos policy is tanking markets. not banks. wants an excuse to fire fed chair

Jim Cramer jimcramer grows a mullet on air in the am.

Just because you can call someone doesn’t mean you should call someone. stevenmnuchin1

Steve Bannon gets his wish on Christmas Eve!

This man is a Master in Corruption a fit to Trump Mob Boss.

From Cabo

Man, that's power.

Let’s say you were trying to create a financial crisis. Good place to start would be to threaten to fire fed chair, and then ask about major bank liquidity. Investigate GOP shorts

God help us...what is Trump up to now?

SAD

Call all you want. It’s not the banks that need reassurance it’s the millions of investors that know things don’t look right.

I'm convinced 100% that he wants to fire or have all his cabinet members quit so he can have all acting cabinet members, prolong the nom process & have this mass un✔️ power & chaos continue as a distraction from all 17 of the current investigations into him & his crime syndicate.

Time to freak out for tomorrow

LOL, funny thing is the president has very little influence on the economy( the federal reserve has a lot more influence). Now Trump is desperately trying to save his presidency by boasting the economy. Too bad he can’t change the interest rate or create demand from thin air!!

Wonderful! Monday morning’s stock market will be fueled with panic because of Trump and his Treasury Secretary.

Hey Alexa, what’s insider trading? I don’t know, ask Siri

They should rename it the DOWn

Did anyone tell him what happened 10 years ago ?

This guy has no idea the effects he is causing on the World Market. Very dumb and dangerous. Fire his ass.

What he did was to send a reassurance to the market

. Wow 3 phone calls such a hard days work.

Maybe you should go to ASS-WIPE

Should he kinda not know this information already without asking😱

Not smacking of desperation much?

How bad is it?...had to be the gist of his call...

The World is loosing patience with The American President. Lies, sex, name calling, no family values, racist and no respect for Women. ResignTrump ..... let this be your Christmas gift too the world. No one respects you and we are all tired of the drama!✔✔👋

Good move

realDonaldTrump This is not a favorable sign of a finely-tuned administration.

And he will just take their word? Too ignorant apparently to look at, analyze available data. Sort of like, well Putin SAID he didn't do it.... This administration is the stupidest, most ignorant, most incapable of recognizing, assessing data, making real judgments EVER.

Whilst Donny continues on with these insane shotgun tariffs we're FaaaarkeD

mr twitch stevenmnuchin1 twitch twitch

President irrational decisions are creating new issues for growth and stability. President won’t stop his irrational decisions as many have tried to stop before, more mess ahead.

I can’t afford to pay to read articles.

😮😮

The Trump-Made Crash of 2018

How can anyone have any confidence, when there is no stability from one day to the next. Each day you know something is going to go wrong.

Another fine example of this financially inept and utterly clumsy administration.

Really... at least on the Tuesday morning after 1987 crash, when almost every major co. announced buy-backs, the silent hand kept its mouth shut....

So I'm guessing these calls had the exact opposite if the intended effect.

A crook in charge of the treasury what could go wrong

What is the reason!

DISEMBER .23. AMERICAN CANTRIY TOMORROW CHRISTMAS EVENING

Trump, Pompeo, Mnuchin

Thank goodness markets close early tomorrow. Going to be brutal but like Mnuchin said everything is fine 😐

Watch him be the next one of the chopping block.

As if the POTUS tantrum weren’t enough

Mnuchin to Bank CEOs: “Yo, you up?”

A simple financial liquidity (Gut-check) communication ☎️.

Fish out of water. Total rookie.

The US Treasury Secretary should resign. Like Matisse, he has a Chinese heart.

Is he manufacturing a new crisis by saying there is nothing to worry about? He may have also called NASA so he could announce that he confirmed that there was no giant meteor careening toward earth that we needed to worry about.

On Monday Mnuchin will hold calls with the plunge protection team ppt stocks wallstreet

Trump has assembled a band of incompetent, corrupt, and unethical 'fellow travellers'. There is no plan, & no strategy. They are winging it every day according to the whims of an unstable, criminal, dotard.

The relationship between this administration and the upper echelon banking/business world is perpetually appalling TrumpResign TrumpShutdown Mnuchin corruption

Thanks stevenmnuchin1 for understanding the graveness of the situation and staying on top of it to hopefully solve it

Stupid move that will cause markets to fall further.

Lol. All the presidents men?

Doing Putin’s bidding as usual. POTUS is corrupt. And stevenmnuchin1 too. They will both die in prison.

He should resign.

Bunch of amateurs

The DOW should be fun tomorrow.

That doesn’t seem to drop anxiety at all

Mexico can have him.

Trying to remember who and what this reminds me of... oh, yes: 'Of course the economy's fine. Who said it wasn't fine? Why would you even ask me such a question?'

Just imagine the scene of Jamie Dimon getting this call

Womp Womp

He's probably drunk on the beach in Mexico.

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