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Day: December 23, 2018

Treasury Secretary Mnuchin moves to quell firestorm, says Trump never suggested firing Fed Chairman

President Donald Trump is adamantly opposed to the Federal Reserve’s rate hike campaign, but has never suggested firing Fed Chairman Jerome Powell, Treasury Secretary Steven Mnuchin said on Saturday, moving to defuse a controversy that could roil global markets even further. Late Friday, Bloomberg News, citing four unnamed sources, reported that Trump has discussed firing …

Treasury Secretary Mnuchin moves to quell firestorm, says Trump never suggested firing Fed ChairmanRead More