Bloomberg reports President Donald Trump held a conference call Wednesday amid a plunge in the stock market with three of Wall Street’s top executives — JPMorgan Chase & Co.’s Jamie Dimon, Bank of America Corp.’s Brian Moynihan and Citigroup Inc.’s Michael Corbat.
The three chief executives were in Washington for a previously scheduled meeting with Treasury Secretary Steven Mnuchin on banking secrecy and money laundering, according to people familiar with the matter. On a conference call, they briefed the president, who was at his resort in Bedminster, New Jersey.
The talks came during a tumultuous day in markets as Trump’s trade war with China continued to cast a cloud over the global economy. Stocks plummeted as signs appeared in the bond market a recession could be on the horizon.