White House to invite Wall Street executives to meet over coronavirus concerns

U.S. President Donald Trump speaks with Larry Kudlow, director of the U.S. Nationwide Economic Council, ideal, in the Roosevelt Area of the White House in Washington, D.C.

Alex Edelman | Bloomberg | Getty Pictures

The White House is inviting Wall Road executives to examine the reaction to the new coronavirus outbreak, an administration formal explained to CNBC.

President Donald Trump is predicted to go to the assembly, which is scheduled to be held Wednesday. Invitations have been staying sent out as of Monday afternoon, the official informed CNBC.

The Washington Write-up initial described the collecting.

The conference was arranged amid a punishing market rout spurred by fears about the affect of the coronavirus.

The virus has infected extra than 100,000 individuals close to the planet and killed at least 3,892, in accordance to data compiled by Johns Hopkins College.

The Trump administration’s coronavirus undertaking drive, led by Vice President Mike Pence, has scrambled to react as a lot more Individuals take a look at optimistic for the disease. White Home aides are set to satisfy with Trump and existing financial stimulus tips to him immediately after he returns to Washington, D.C., from Florida afterwards Monday afternoon.

This is breaking information. Make sure you verify again for updates.

Resource url