Economics
Wall Street Reacts to Trump and Mnuchin’s ‘Unforced Errors’
- Trump keeps up Fed attacks amid government-shutdown worries
- Mnuchin’s contacts with bank CEOs backfire by stoking unease
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The White House is starting the week with unforced errors.
That’s the assessment of some Wall Street watchers who are concerned that the latest political turmoil could eventually hurt the U.S. economy. From President Donald Trump’s criticism of the Federal Reserve, to Treasury Secretary Steven Mnuchin’s round of phone calls to major bank leaders, checking that they have enough liquidity, the past few days of political headlines have been unnerving.