The White House called CNBC host Jim Cramer on live television after he urged Trump to help the markets
The White House called CNBC's Jim Cramer on live TV after urging the federal government to take action to contain the economic fallout of the spreading coronavirus.
Then he told viewers that the Trump administration was weighing additional options he had just laid out to contain the damage.. The virus has infected over 1,358 people in the US and caused at least 38 deaths. "I want the federal government to know more than me. I knew more than they did in 2007, and I know more than they do now and it is disappointing," he said.
He added that he believed the White House was now weighing whether the Federal Reserve should be able to guarantee credit lines and the option of implementing a trust fund.
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