President Obama returned from his Martha’s Vineyard vacation to Washington D.C. last night, only to wake up to negative headlines about the stock market crashing, partially in reaction to financial troubles in China.
But the president won’t be in the White House to see the market close. Later this afternoon he will board Air Force One for a trip to Las Vegas where he is expected to make a speech at the National Clean Energy Summit to promote his stiff regulatory policy on power plant emissions.
The Dow Jones Industrial Average fell more than 1,000 points after it opened this morning, suggesting another frightening close for markets at the end of the day.
Later this evening President Obama has scheduled a fundraiser for the Nevada State Democratic Party and Catherine Cortez Masto, the Democratic candidate hoping to replace retiring Sen. Harry Reid.