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Treasury Sec. Mnuchin says 'strength of the dollar is a good thing' over time, defends Trump not labeling China currency manipulator - Bberg
Treasury Sec. Mnuchin says 'strength of the dollar is a good thing' over time, defends Trump not labeling China currency manipulator - Bberg
— DailyFX Team Live (@DailyFXTeam) April 17, 2017
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Mnuchin Agrees With Trump: "Strong Dollar Over Short-Period Of Time Is Hurting US Economy"
In an interview with the FT, Treasury Secretary Steven Mnuchin discussed Trump's "tremendous" tax reform, and confirmed what many already knew: that the push to revise the US tax code has been dramatically slowed by the failure to repeal and replace Obamacare, and conceded that the administration’s timetable for ambitious tax reforms will be delayed. Mnuchin also said the target to get tax reforms through Congress and on President Donald Trump’s desk before August was “highly aggressive to not realistic at this point”. However while his tax-related comments were predictable, it is what he said about the ... (full story)
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