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Kayla Tausche Profile picture
Kayla Tausche
@kaylatausche
Senior White House correspondent, @CNN. Former @CNBC. Wife, mama, Tar Heel, and forever ATLien. Send secure tips: ktausche@protonmail.com
Mar 11, 2021 • 14 tweets • 3 min read
THREAD:

1/ On this day in 2020, banking CEOs shepherding a collective $10 trillion gathered at the White House to share their views with Pres. Trump and staff.

Here's some new reporting on the meeting that became an economic fulcrum for the months that followed. 2/ The night before, $BAC CEO Brian Moynihan convened a conference call to build support around a singular message from Wall Street:

We can be the lifeguards this time around. We can help other industries get out of this mess. We’re not the ones that need saving.
Jan 8, 2021 • 7 tweets • 2 min read
BREAKING from our report on @thenewsoncnbc:

Sec. Pompeo and Sec. Mnuchin were two of the Cabinet secretaries who held exploratory discussions with staff about the 25th amendment last night, per three sources familiar with the matter (1/)

cnbc.com/2021/01/07/mnu… There were several roadblocks raised:
- the legal process would take more than a week
- there's not clarity on which officials could vote
- there was a worry it would incite more violence on the far right, creating greater risk in the long-term (2/)
Mar 24, 2020 • 5 tweets • 1 min read
BREAKING: This morning, Pres. Trump and VP Pence held an investor call with Wall Street heavyweights to discuss the markets, the Federal Reserve, and economic reopening. Major investors and executives on the call included:
- Dan Loeb, Third Point
- Steve Schwarzman, Blackstone
- Robert Smith, Vista Equity
- Jeff Sprecher, ICE/NYSE
- Paul Tudor Jones, JUST Capital
Mar 12, 2020 • 8 tweets • 2 min read
NEW: Just spoke to two investment bank executives about the health of corporate balance sheets and whether clients are rushing to get capital. Thread below. Energy, travel, airline suppliers and industrial clients are reaching out to see where they can get additional money -- this means tapping existing credit facilities, increasing them, and taking out new bridge loans (1-3yr terms).
Dec 4, 2019 • 9 tweets • 4 min read
THREAD: Spoke to USDA Sec. Sonny Perdue on his way out of the @CNBC studio. Below are some highlights from our (brief) conversation /1 @CNBC Perdue says he was surprised by how weak US soybean exports have been after harvest this year, citing China not living up to its purchase commitments and Brazil and Argentina "trying to infringe on our market time here."