Serving as Treasury chief during Trump's first term 'was the experience of a lifetime, and I'm happy to advise on the outside,' former Treasury Secretary Steven Mnuchin said
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In an interview, Mnuchin told Reuters it was important for the Treasury to work towards strengthening US trade policy. This includes holdingServing as Treasury chief during Trump’s first term “was the experience of a lifetime, and I’m happy to advise on the outside,” Mnuchin said on Friday, November 8. “I’m sure they’ll have a lot of great choices.
The US needs stronger enforcement of financial sanctions and more actions to cut off oil revenues from Iran and Russia, he said, noting thatA G7-imposed price cap of $60 per barrel of Russian crude oil may be reducing Russia’s oil revenues, but “Russia is selling plenty of oil and gas,” he added.
Mnuchin defended the Trump administration’s heavy COVID-19 relief spending which, along with a revenue collapse during the pandemic, led to a record $3.1 trillion deficit in fiscal 2020, but he said the Biden administration had overspent.
Donald Trump United States US Economy US-China Relations US-Iran Relations US-Russia Relations World US &Amp Canada
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