At a rambling press conference ostensibly to announce the new nominee to be labor secretary, Alexander Acosta, President Donald Trump falsely stated the magnitude of his Electoral College victory as he recounted his post-election actions and called his cabinet a “fine-tuned machine.” He called the victory the largest since Ronald Reagan, but Barack Obama and Bill Clinton twice topped the 304 Electoral College votes Trump received, as did George H.W. Bush. Trump said he will unveil a new executive order next week “to protect our people.”
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News