Trump, Pence held call on economy with investors including Paul Tudor Jones, Stephen Schwarzman

Investing News

President Donald Trump speaks at the daily coronavirus briefing joined by Vice President Mike Pence in the James Brady Press Briefing Room at the White House on March 22, 2020 in Washington, DC.

Tasos Katopodis | Getty Images

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President Donald Trump and Vice President Mike Pence held a call to discuss the coronavirus impact on the economy, according to sources.

Investors on the call included Third Point’s Dan Loeb, Blackstone’s Stephen Schwarzman, Vista Equity’s Robert Smith, Intercontinental Exchange‘s Jeffrey Sprecher and Paul Tudor Jones, hedge fund manager and co-founder of JUST Capital.

The call with some of Wall Street’s top investors and hedge fund leaders was less focused on potential actions the administration could take, but instead more about how America’s top money managers are viewing markets and the U.S. economy, the people familiar with the matter said.

The call came earlier on Tuesday, before Trump said that he’d like to see the U.S. economy “reopen” by Easter, less than three weeks away.

The president said in a Fox News “virtual town hall” event at the White House that he’d like to unleash the American economy by mid-April despite the protective measures instituted by a slew of states to slow the spread of the novel coronavirus.

“We’re opening up this incredible country. Because we have to do that. I would love to have it open by Easter,” Trump said.

“I would love to have that. It’s such an important day for other reasons, but I’d love to make it an important day for this. I would love to have the country opened up, and rarin’ to go by Easter.”

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