Even President Kennedy took a turn as market scapegoat - in 1962 when he jawboned the steel industry into price rollbacks.
Thomas R. Keyes, David Miller: The Global Investor: How to Buy Stocks Around the World, 1990, page 8
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jawboning - The use of presidential admonition as a tool ... “The jawbone method” was the phrase used by Walter Heller, chairman of the Council of Economic Advisers in 1962... The word jawboning invites the citation of Samson's boast (Judges 15:16): "With the jawbone of an ass ... have I slain a thousand men"
William Safire, Safire's Political Dictionary, 2008, page 363
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jawbone: to speak forcefully and persuasively to
jawboned them into accepting the deal
https://www.merriam-webster.com/dictionary/jawbone
jawbone: To try to influence or pressure through strong persuasion, especially to urge to comply voluntarily.
American Heritage Dictionary of the English Language
https://www.thefreedictionary.com/jawbone
jawbone: to influence by persuasion, esp. by public appeal.
https://www.thefreedictionary.com/jawbone