The White House is inviting Wall Street executives to discuss the response to the new coronavirus outbreak, an administration official told CNBC.
President Donald Trump is expected to attend the meeting, which is scheduled to be held Wednesday. Invitations were being sent out as of Monday afternoon, the official told CNBC.
The Washington Post first reported the gathering.
The meeting was arranged amid a punishing market rout spurred by fears about the impact of the coronavirus. The plummeting SP index forced a trading halt early in Monday’s session, as coronavirus fears gripped global industries and plunging oil prices deepened the strain on the market.
The virus has infected more than 100,000 people around the world and killed at least 3,892, according to data compiled by Johns Hopkins University.
The Trump administration’s coronavirus task force, led by Vice President Mike Pence, has scrambled to respond as more Americans test positive for the disease. White House aides are set to meet with Trump and present economic stimulus ideas to him after he returns to Washington, D.C., from Florida later Monday afternoon.
It was not immediately clear which Wall Street big wigs were invited to the Wednesday meeting. But one key figure in the world of finance is unlikely to attend: JPMorgan Chase CEO Jamie Dimon, who underwent an unplanned heart surgery late last week and is currently in recovery.
Article source: https://www.cnbc.com/2020/03/09/white-house-to-invite-wall-street-executives-to-meet-over-coronavirus-concerns.html