Jim Cramer: President Trump Is Reaffirming Commitment to Americans With Executive Order
Late last night, President Donald Trump took to Twitter.
The president said he would sign an executive order temporarily suspending immigration into the U.S. to protect jobs “in light of the attack from the Invisible Enemy, as well as the need to protect the jobs of our GREAT American Citizens.”
No specifics around the order have been released yet.
But the markets were under pressure on Tuesday after oil prices plunged to below zero for the first time ever on Monday as storage tanks were nearly full amid a collapse in demand due to the coronavirus pandemic.
President Trump once again took to Twitter to say, “We will never let the great U.S. Oil & Gas Industry down. I have instructed the Secretary of Energy and Secretary of the Treasury to formulate a plan which will make funds available so that these very important companies and jobs will be secured long into the future!”
So, what does Jim Cramer think about the executive order and its impact on investors?
Watch the full video above for more.
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