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Trump says he's confident in Mnuchin, but Fed is raising rates too fast
video President Donald Trump said Tuesday he remains confident in his treasury secretary, a day after markets tanked on fears about the Federal Reserve and a peculiar call between Treasury Secretary Steve Mnuchin and bank CEOs. "Yes I do," Trump said when asked whether he had confidence in Mnuchin. "Very talented, very smart person." Still, Trump repeated his belief the Federal Reserve is raising interest rates too quickly, blaming the decision on a booming economy. "They're raising interest rates too fast," he said in the Oval Office after a Christmas Day phone call with US troops. "They think the economy is so ... (full story)