re: #244 MsJ

Whatever.

More…

The CEOs also told Trump that the trade dispute is damaging the outlook for capital spending by corporations, according to another person with knowledge of the discussions. The president was receptive to the notion that uncertainty over trade is hurting corporate confidence, this person said.

They also talked about the Federal Reserve and the global economic slowdown that has central banks around the world moving to ease monetary conditions, this person said. One opinion batted around during the call: A 25 basis point cut by the Fed won’t likely change capital flows in the markets.

The call, which lasted about 20 minutes, happened after the CEOs concluded a previously-scheduled meeting with Treasury Secretary Steven Mnuchin in Washington. Trump wanted to speak to the three executives, the men were informed, and he called in from his property in New Jersey. Bloomberg first reported on the conference call.

Trump has been reaching out to corporate leaders this week amid his concerns that a slowing U.S. economy could impact his reelection chances, according to a Thursday piece from the Washington Post.

The discussion was reminiscent of one held in December by Mnuchin during an earlier stock market rout with the heads of the six biggest U.S. lenders.