Trump, Pence held call on economy with investors including Paul Tudor Jones, Stephen Schwarzman

Business

President Donald Trump speaks at the daily coronavirus briefing joined by Vice President Mike Pence in the James Brady Press Briefing Room at the White House on March 22, 2020 in Washington, DC.

Tasos Katopodis | Getty Images

This is a developing story. Check back for updates.

President Donald Trump and Vice President Mike Pence held a call to discuss the coronavirus impact on the economy, according to sources.

Investors on the call included Third Point’s Dan Loeb, Blackstone’s Stephen Schwarzman, Vista Equity’s Robert Smith, Intercontinental Exchange‘s Jeffrey Sprecher and Paul Tudor Jones, hedge fund manager and co-founder of JUST Capital.

The call with some of Wall Street’s top investors and hedge fund leaders was less focused on potential actions the administration could take, but instead more about how America’s top money managers are viewing markets and the U.S. economy, the people familiar with the matter said.

The call came earlier on Tuesday, before Trump said that he’d like to see the U.S. economy “reopen” by Easter, less than three weeks away.

The president said in a Fox News “virtual town hall” event at the White House that he’d like to unleash the American economy by mid-April despite the protective measures instituted by a slew of states to slow the spread of the novel coronavirus.

“We’re opening up this incredible country. Because we have to do that. I would love to have it open by Easter,” Trump said.

“I would love to have that. It’s such an important day for other reasons, but I’d love to make it an important day for this. I would love to have the country opened up, and rarin’ to go by Easter.”

Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world.

Products You May Like

Articles You May Like

Meet the private doctor to the wealthy — at $40,000 a year
8 Best Beard Straighteners – Upgraded Grooming in 2024
Days of Our Lives Spoilers for the Week of 4-22-24: Eric Finally Gets a Clue, But Is It Too Little Too Late?
Sector leader awarded £90,000 in damages after Laurence Fox paedophile slur
Blue Bloods: Is Inconsistent Quality Marring the Final Season?

Leave a Reply

Your email address will not be published. Required fields are marked *