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Trump Huddles With Wall Street Investors on Reopening Economy

  • President says he wants economy to reopen by Easter holiday
  • Amid slowdown, Trump consulted hedge funds on path forward
Donald Trump speaks outside the White House in Washington, D.C. on March 24.
Donald Trump speaks outside the White House in Washington, D.C. on March 24.

Photographer: Doug Mills/The New York Times/Bloomberg

President Donald Trump spoke to several billionaire hedge fund and private equity managers Tuesday morning about reopening the U.S. economy, which has been ground to a halt by the coronavirus outbreak, people familiar with the matter said.

Trump is re-evaluating whether to call for people to return to work as the economic damage from the shutdown has mounted. He discussed the path forward by phone with money managers including Citadel’s Kenneth Griffin, Paul Tudor Jones of Tudor Investment, John Paulson and Blackstone Group Inc.’s Stephen Schwarzman, one of the people said.

A representative for Jones declined to comment and spokespeople for the other firms didn’t immediately respond to request for comment.