The US Treasury Department on Monday discussed with the representatives of financial regulators the state of the country's economy against the backdrop of a falling stock market. Investors reacted negatively to this, the main stock indexes of the country fell another 2%.
Earlier, S. Mnuchin held talks with the heads of the six largest US banks, who confirmed that they have sufficient liquidity to continue normal work and issue loans.
Donald Trump, commenting on the actions of the Ministry of Finance, said he was confident in Mnuchin. "Very talented guy. A very clever person" concluded the president.
In addition, D. Trump stressed that American companies are the best in the world and demonstrate outstanding results, and the reduction in the value of shares opens up excellent opportunities for investors.
According to the president, responsible for the current economic difficulties lies with the Fed and its head Jerome Powell because of too fast rate hikes.
During today's trading, as of 14:47 London time, the US dollar index rose 0.25% to 96.248, the S & P index of the largest American companies also added 1.53% of the value, reaching 2.377.62.
