Trump-Xi summit will not happen in March: Mnuchin

A summit to seal a trade deal between U.S. President Donald Trump and Chinese President Xi Jinping will not happen at the end of March as previously discussed because more work is needed in U.S.-China negotiations, Treasury Secretary Steven Mnuchin said on Thursday.


Reuters: Business News

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Market turmoil raises the stakes for Trump’s competing China negotiators Mnuchin and Lighthizer

As the U.S. and China race to meet a March 2 deadline to reach a trade deal, the ideological divide between the White House's two trade camps, led by Lighthizer and Mnuchin, has taken on a new significance.
Politics

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Trump’s frustration with Mnuchin rising after failed attempt to calm markets, source says

President Donald Trump’s frustration with Treasury Secretary Steven Mnuchin is ratcheting up further after markets suffered their worst Christmas Eve drop ever despite Mnuchin’s attempts to calm Wall Street, according to a source close to the White House.


CNN.com – RSS Channel – Politics

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Steven Mnuchin calls top bank CEOs after last week’s market meltdown

Treasury Secretary Steven Mnuchin phoned the heads of the largest US banks on Sunday to make sure they had enough cash in expectation of a jittery market opening on Wall Street. Mnuchin, who was reportedly vacationing in Cabo, released a statement that said the CEOs of six large banks confirmed they had enough liquidity for…
Business | New York Post

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Steven Mnuchin considered for chief of staff but feels better suited for Treasury

Sources, who spoke on the condition of anonymity due to the privacy of the ongoing discussions, said that Mnuchin has indicated to his inner circle that he feels best served as the head of Treasury.
Politics

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UPDATE 2-Trump dismisses report he is unhappy with Treasury’s Mnuchin

U.S. President Donald Trump said on
Twitter on Friday that he was quite happy with Treasury
Secretary Steven Mnuchin’s performance, after The Wall Street
Journal reported that the president was dissatisfied with
Mnuchin.


Reuters: Company News

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Stocks Drop Sharply As Mnuchin Drops Out Of Saudi Conference – U.S. Commentary

After attempting to recover from an early move to the downside, stocks have pulled back sharply in recent trading on Thursday. The major averages have slid firmly into negative territory, partly offsetting the strong gains posted on Tuesday.
RTT – Top Story

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Treasury Secretary Mnuchin Pulls Out Of Saudi Investor Conference

Treasury Secretary Steven Mnuchin announced Thursday he will not attend an investor conference in Saudi Arabia next week. Mnuchin revealed in a post on Twitter that he decided to drop out of the conference after meeting with President Donald Trump and Secretary of State Mike Pompeo.
RTT – Top Story

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