Can’t Lock Down Bitcoin: Trump Ponders Halting Stock Trading, Grounding US Passenger Flights

In the wake of the coronavirus outbreak and a looming recession, U.S. President Donald Trump and his administration are contemplating halting stock markets next week. The White House is currently considering grounding all passenger planes and ordering a nationwide shelter. However, bureaucrats from the White House believe that the grounding of U.S. passenger planes and the execution of a federal lockdown order will wreak havoc on Wall Street. In order to curb panic, bipartisan U.S. representatives are considering plans to temporarily stop stock trading.

Also read: US Real Estate in Jeopardy – Analysts Predict Housing Market Crash to 29-Year Lows

Trump Considers Stopping Wall Street Trades and Grounding US Passenger Flights

Reports on Saturday, March 21, note that U.S. President Donald Trump is contemplating drastic measures in order to combat the covid-19 outbreak. According to various publications, including the Washington Examiner, Trump and his team are thinking about announcing a nationwide shelter-in-place order in the near future, if the virus grows more persistent. Basically, a shelter-in-place order means residents will be asked to stay home and not leave their residence to travel unless it’s an emergency.

Can't Lock Down Bitcoin: Trump Ponders Halting Stock Trading, Grounding US Passenger Flights
Washington Examiner columnist Paul Bedard writes that “Trump eyes grounding jets, halting stock trading, and ordering shelter-in-place.” The report notes that in order to combat a financial fallout, the Trump administration also has plans to close Wall Street for an unspecified time frame.

In order to make the executive order stick, Trump is also considering grounding all U.S. passenger planes. No one will be allowed to take a plane to another state and sources familiar with the matter say the measure being considered is for an unspecified time frame. Moreover, the U.S. President and bipartisan members of Congress have already enacted several executive orders like forcing corporations to produce certain goods. Trump…

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