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Is Steve Mnuchin...trying to create a financial crisis? (Original Post)
pbmus
Dec 2018
OP
He is trying to talk Wall Street into a phony shoring up of the stock market on Monday,
allgood33
Dec 2018
#5
beachbum bob
(10,437 posts)1. Putin surely wants to see it done, that we all know
manor321
(3,344 posts)2. No. He was pressured by the idiot in the White House
guruoo
(5,092 posts)3. Checked my watch, it's getting about time...
Kablooie
(18,638 posts)4. I have feeling that
Trump and minions plan to create so much chaos before the Dems take control that they will have little time to investigate him.
allgood33
(1,584 posts)5. He is trying to talk Wall Street into a phony shoring up of the stock market on Monday,
Trump knows he can ill afford another tumble while shutting down the government on top of it.
edhopper
(33,606 posts)6. They are manufacturing the crisis
to fire Powell.
PoindexterOglethorpe
(25,879 posts)7. My guess is that this was done out of the typical
Trump people ignorance and incompetence. I rather doubt he'd have deliberately wanted to start a panic, although I could easily be wrong, especially if he himself would benefit financially from one.
But I'd also guess that like so many Trump appointees, he knows little or nothing about the industry he's supposed to be overseeing. Hence this ham-fisted attempt at something.
Igel
(35,337 posts)8. He's responding to news.
News can trigger anxiety.
Anxious markets are unruly markets.
https://www.democraticunderground.com/1016222297
Sneederbunk
(14,298 posts)9. Trump cabinet members don't have to try to screw up.
Mc Mike
(9,115 posts)10. Reasonable conjecture. rec, nt.