Mnuchin won’t rejoin Trump administration, but offers advice

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The Star 1w ago

Mnuchin won’t rejoin Trump administration, but offers advice - The Star

Quick Summary:

WASHINGTON: Donald Trump’s former Treasury secretary, Steven Mnuchin, says he will not seek to join the President-elect’s new administration but is ready to offer advice to his successor, including on how to strengthen sanctions on Iran and Russia, and contain the growth of US debt.

This is because Treasury spans vast areas of the economy from regulatory and tax policy to international sanctions, with the latter taking considerable time during his tenure, he said.

This includes holding Beijing to its US goods purchase commitments in Trump’s January 2020 Phase One deal to rebalance US-China trade, which he said “they’re not living up to”.