Trump aide to call up top US regulators, but markets don't get comfort

US Treasury Secretary Steven Mnuchin will host the call with the president's Working Group on Financial Markets, known colloquially as the 'Plunge Protection Team.'

The Trump administration is arranging a phone call on Monday with top US regulators to discuss financial markets as stocks fell again amid concern about slowing growth, the government shutdown and the independence of the Federal Reserve, the Treasury Department said.

Treasury Secretary Steven Mnuchin will host the call with the president's Working Group on Financial Markets, known colloquially as the "Plunge Protection Team." Mnuchin made calls to top US bankers on Sunday and got reassurances that banks were still able to make loans, the Treasury said. US stocks have fallen sharply in recent weeks on concerns over slowing economic growth,