President Trump has weighed dismissing Treasury Secretary Steven Mnuchin, a source familiar with the president’s thinking told Bloomberg News.
Another source told Bloomberg said that Mnuchin’s future at the helm of the Treasury Department depends on whether the market continues to drop.
“There are plenty of people inside the White House who are not fans of Mnuchin who are happy to throw him under the bus,” Stephen Myrow, a former Treasury official and managing partner at Beacon Policy Advisors in Washington, D.C., told Bloomberg. “Up ’til now, he’s been protected by the fact that Trump liked him and he’s been a loyalist.”
According to the Journal, Trump blamed Mnuchin for the turbulent stock market. A source familiar with the matter said that the the president asked, “If he’s so good, why is this happening?”
Read more at The Hill.