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

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      L0oniX
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      <p data-elm-loc=”1″>Just push the yoke all the way forward and push the throttles all the way forward too …and yell  allahu akbar </p>
      <p data-elm-loc=”1″>Treasury Secretary Steven Mnuchin startled financial analysts, bankers and economists on Sunday by issuing an unusual statement declaring that the nation’s six largest banks had ample credit to extend to American businesses and households.</p>
      <p data-elm-loc=”2″>Mnuchin made the statement on Twitter after calling the leaders of the six banks, seeking to address an issue that had attracted little concern ahead of the treasury secretary’s tweet.</p>
      <p data-elm-loc=”3″>The statement came hours before Asian markets were set to open and following a sharp sell-off that made last week the worst for U.S. markets in a decade. President Trump has been furious at the sell-off, and efforts by Mnuchin to inspire confidence in the market have so far failed.</p>
      <p data-elm-loc=”4″>Several analysts said Sunday night that his outreach to the banks and subsequent statement were likely to backfire and drive even more concern.</p>
      <p data-elm-loc=”4″>more at the link</p>
      https://www.washingtonpost.com/business/2018/12/23/treasury-secretary-makes-unusual-pre-christmas-call-top-bank-ceos-amid-market-mayhem/?utm_term=.af42911adfa3

      This guy is an idiot. Oh …and read the part about Trumpy wanting to fire the fed chief.

       

       

       

       

      Fuck the DNC and its heard of goats

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