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."
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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.
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