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Mnuchin Tries To Calm Investors With Calls To Top Banks

Video Credit: Wochit News - Duration: 00:45s - Published < > Embed
Mnuchin Tries To Calm Investors With Calls To Top Banks

Mnuchin Tries To Calm Investors With Calls To Top Banks

According to Politico, Treasury Secretary Steven Mnuchin placed a series of calls with CEOs from the six biggest banks in the US.

Secretary Mnuchin reportedly made the calls from Cabo San Lucas, Mexico, and asked the nation's top bankers about their liquidity available for lending.

CEOs from Bank of America, Citigroup, Goldman Sachs, JP Morgan Chase, Morgan Stanley, and Wells Fargo confirmed that their banks had ample liquidity for lending to consumers and market operations.

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