Treasury Secretary Steven Mnuchin dismissed the economic significance of a flattening yield curve that some investors see as potential precursor to a U.S. recession.
Treasury Secretary Steven Mnuchin called the strong U.S. dollar a “vote of confidence” in the U.S. economy.
Saudi Arabia wants to keep the fiscal taps open without blowing a bigger hole in the budget as the world’s biggest oil exporter reshapes its priorities and looks to jump-start economic growth.
U.S. Treasury Secretary Steven Mnuchin blamed volatility in equity markets partly on high-speed trading and the effect of the Volcker Rule, adding that he planned to conduct an inter-agency review of market structure.
The Trump administration may have once said Goldman Sachs Group Inc. economists look almost “like the Democratic opposition,” but the U.S. president appears to be in agreement with the firm when it comes to concerns about a liquidity drain.
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