Plunge Protection Team

By Jon Ward

2021-09-06

The Trump administration is arranging a phone call on Monday with top US regulators to discuss financial markets as stocks fell again amid concern about slowing growth, the government shutdown and the independence of the Federal Reserve, the Treasury Department said.

Treasury Secretary Steven Mnuchin will host the call with the President's Working Group on Financial Markets, known colloquially as the "Plunge Protection Team.

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