Trump denies dissatisfaction, says he's 'extremely happy' with the treasury secretary

President Trump on Twitter Friday evening denied a Wall Street Journal report that he is dissatisfied with Treasury Secretary Steven Mnuchin:
The Journal story, published earlier that day, said Trump is displeased with Mnuchin for recommending Federal Reserve Chair Jerome Powell, who has raised interest rates against Trump's wishes. The president has publicly expressed concern that higher interest rates will slow economic growth — and hurt his own political fortunes.
"To me the Fed is the biggest risk, because I think interest rates are being raised too quickly," he said in October. "And Obama — remember this, it's very important — Obama had zero interest [while in office]. ... I'm just saying this: I'm very unhappy with the Fed because Obama had zero interest rates."
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Bonnie Kristian was a deputy editor and acting editor-in-chief of TheWeek.com. She is a columnist at Christianity Today and author of Untrustworthy: The Knowledge Crisis Breaking Our Brains, Polluting Our Politics, and Corrupting Christian Community (forthcoming 2022) and A Flexible Faith: Rethinking What It Means to Follow Jesus Today (2018). Her writing has also appeared at Time Magazine, CNN, USA Today, Newsweek, the Los Angeles Times, and The American Conservative, among other outlets.
-
How will Keir Starmer pay for greater defence spending?
Today's Big Question Funding for courts, prisons, local government and the environment could all be at risk
By Sorcha Bradley, The Week UK Published
-
Ukraine's mineral riches and Trump's shakedown diplomacy
The Explainer President's demand for half of Kyiv's resources in return for past military aid amounts to 'mafia blackmail tactics' and 'colonialism'
By Harriet Marsden, The Week UK Published
-
Harry Potter is coming to TV: what we know about new HBO show
The Explainer Cillian Murphy as Voldemort? Paapa Essiedu as Snape? All the latest on the huge new series shooting in the UK this summer
By The Week UK Published
-
Trump's China tariffs start after Canada, Mexico pauses
Speed Read The president paused his tariffs on America's closest neighbors after speaking to their leaders, but his import tax on Chinese goods has taken effect
By Peter Weber, The Week US Published
-
Chinese AI chatbot's rise slams US tech stocks
Speed Read The sudden popularity of a new AI chatbot from Chinese startup DeepSeek has sent U.S. tech stocks tumbling
By Peter Weber, The Week US Published
-
US port strike averted with tentative labor deal
Speed Read The strike could have shut down major ports from Texas to Maine
By Peter Weber, The Week US Published
-
Biden expected to block Japanese bid for US Steel
Speed Read The president is blocking the $14 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security concerns
By Peter Weber, The Week US Published
-
Judges block $25B Kroger-Albertsons merger
Speed Read The proposed merger between the supermarket giants was stalled when judges overseeing two separate cases blocked the deal
By Peter Weber, The Week US Published
-
Rupert Murdoch loses 'Succession' court battle
Speed Read Murdoch wanted to give full control of his empire to son Lachlan, ensuring Fox News' right-wing editorial slant
By Peter Weber, The Week US Published
-
Bitcoin surges above $100k in post-election rally
Speed Read Investors are betting that the incoming Trump administration will embrace crypto
By Peter Weber, The Week US Published
-
Enron mystery: 'sick joke' or serious revival?
Speed Read 23 years after its bankruptcy filing, the Texas energy firm has announced its resurrection
By Peter Weber, The Week US Published