The US president has caught his treasure secretary Steven Mnuchin. He criticizes the turbulence on the stock markets and his skepticism about its methods of business relations.
Donald Trump has caught his treasure secretary, Steven Mnuchin, responsible for choosing a central bank president whose rate hike could threaten his 2020 presidential campaign, the Wall Street Journal said Friday. .
The US president also blames his Treasurer for the turbulence on the stock markets and his skepticism about his methods of shock in business relations, says the Wall Street Journal , citing unnamed sources.
In recent weeks' conversations with advisers, Trump has openly asked if he should not have named Jamie Dimon, the boss of the first US bank, who has publicly ruled he was smarter than the billionaire, rather than Mr. Mnuchin, ex banker to Goldman Sachs, a successful fund manager and film producer.
President's mood swings
The White House has stated daily that the president "appreciates" Mr. Mnuchin's work. "The treasure secretary Mnuchin has been effective in implementing the priorities of the president," wrote a White House spokeswoman Lindsay Walters. The president's mood swings are well known and his critics do not necessarily mean that Mnuchin is on the sidelines, but according to the WSJ, his supporters fear he will suffer the same fate as the former Justice Minister Jeff Sessions or former Foreign Minister Rex Tillerson.
Trump, who sees the stock market performance as a measure of his success in the same way as the polls, is worried about recent Wall Street losses. "If it's so good why does it happen? He said to a visitor who recently praised Mnuchin in front of the president, the newspaper continues. Unlike most other members of the cabinet, Mr. Mnuchin knew Donald Trump from the time the two men lived in New York. The president even attended his wedding.