World Economy
A Glimpse Behind the Scenes: Inside the Global Battle to Prevent Another Depression
Over the past two weeks, the Treasury Department and the Fed have held calls every day at 5 p.m., led by Mnuchin and Powell and including other senior staff. But Mnuchin and Powell talk multiple times a day on their cellphones, often well into the night — “sometimes five times, sometimes 30 times,” according to the Treasury chief. The calls reached fever pitch last Wednesday, as…”
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