Trump said the report about Mnuchin was "fake news," a retort he also issued in late 2017 over reports that Tillerson would leave the administration
Donald Trump
The Fed, an independent body, has raised its benchmark interest rate three times this year, much to the chagrin of Trump who views the hikes as a threat to the economy and his re-election chances in 2020. Trump has reportedly mused among his advisors that he would have been better served by picking Jamie Dimon, CEO of JPMorgan Chase, when he formed his cabinet in 2016.
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