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Mnuchin to convene 'Plunge Protection Team' after call to top bankers
 
12/24/2018 10:13:38 AM PST · by SeekAndFind · 13 replies
American Thinker ^ | 12/24/2018 | Rick Moran
Treasury Secretary Steven Mnuchin called the CEO's of the nation's six largest banks on Sunday amid a continued precipitous decline in the markets in recent weeks. Reuters: The Treasury said in a statement that Mnuchin talked with the chief executives of Bank of America (BAC.N), Citi (C.N), Goldman Sachs (GS.N), JP Morgan Chase (JPM.N), Morgan Stanley (MS.N) and Wells Fargo (WFC.N). “The CEOs confirmed that they have ample liquidity available for lending,” the Treasury said. Mnuchin “also confirmed that they have not experienced any clearance or margin issues and that the markets continue to function properly,” the Treasury said....
 
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