Steven Mnuchin
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US Pushing SWIFT to Disconnect Iran
EghtesadOnline: US treasury secretary, Steven Mnuchin has announced that his agency is currently negotiating with the Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global…
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Europe Trying to Exempt Swift From Iran Sanctions
EghtesadOnline: As the reimpostion of the second round of US sanctions draw near, European finance ministers will try to persuade the Trump administration not to cut off Iran’s access to Swift,…
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Treasury Secretary: US to Mull Iran Waivers
EghtesadOnline: The United States in certain cases will consider waivers for countries that need more time to wind down imports of oil from Iran to avoid disrupting global oil markets while reimposing…
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US Rejects European Bid for Iran Waivers
EghtesadOnline: US Secretary of State Michael Pompeo and Treasury Secretary Steven Mnuchin rejected a request from European leaders for broad-based waivers from sanctions the US will reimpose…
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Stocks rally after Mnuchin says Sino-U.S. trade war 'on hold'
EghtesadOnline: Stocks rose on Monday after U.S. Treasury Secretary Steven Mnuchin declared the U.S.-China trade war “on hold” following their agreement to suspend the tariff threats that roiled…
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U.S. Hints at China Truce as World Warns of Trade-War Threat
EghtesadOnline: U.S. Treasury Secretary Steven Mnuchin said he’s considering a trip to China amid a trade dispute with Beijing that finance chiefs warn could derail the global economic upswing.
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Mnuchin Labels Trump's China, Russia FX Tweets a `Warning Shot'
EghtesadOnline: President Donald Trump’s accusations that China and Russia are gaming their currencies were a “warning shot” about the consequences about devaluation, rather than part of a wish…
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Trump Team at Davos Backs Weaker Dollar, Sharpens Trade War Talk
EghtesadOnline: President Donald Trump’s top economic advisers set the stage for the rollout of his "America First" manifesto on the world stage.
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Trump Considered Keeping Yellen at Fed, Until Mnuchin Spoke Up
EghtesadOnline: Jerome Powell wasn’t a lock to be President Donald Trump’s pick to lead the Federal Reserve.
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US Denies Iran-Related Sanctions for Turkish Banks
EghtesadOnline: US Treasury Secretary Steven Mnuchin squashed speculation that he has warned Turkish officials of possible sanctions targeting the nation in violation of Iran sanctions.
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Mnuchin Threatens More Sanctions on China Over North Korea
EghtesadOnline: Treasury Secretary Steven Mnuchin warned the U.S. may impose additional sanctions on China -- potentially cutting off access to the U.S. financial system -- if it doesn’t follow…
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Mnuchin Keeps the Economic Agenda Ticking as He Defends Trump
EghtesadOnline: Treasury Secretary Steven Mnuchin emerged over the weekend as one of the staunchest defenders of Donald Trump in the Cabinet, bringing stability to the administration’s economic…
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Mnuchin Rejects Yale Classmates’ Pleas to Quit Because of Trump’s Comments
EghtesadOnline: Treasury Secretary Steven Mnuchin rejected calls from fellow graduates of Yale University for him to resign in protest against President Donald Trump’s comments following the…
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Mnuchin Says U.S. Can Cope If Debt Ceiling Not Raised by August
EghtesadOnline: The U.S. government has “backup plans” for funding itself if Congress doesn’t raise the debt limit before lawmakers leave for their August recess as hoped, Treasury Secretary…
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Mnuchin Plays Nice With Canada
EghtesadOnline: U.S. Treasury Secretary Steven Mnuchin downplayed differences with Canada as the two nations prepare to reframe their trading relationship and the Canadian government charts a…
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CAO: Treasury Secretary's remarks worried US, European firms
EghtesadOnline: US Treasury Secretary Steven Terner Mnuchin’s recent remarks had worried Airbus and Boeing companies more than Iran as it had affected international equities of the US and European…
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US Treasury Reviewing Iran’s Aircraft Licenses
EghtesadOnline: The US Treasury is reviewing licenses for Boeing and Airbus to sell aircraft to Iran, department head, Steven Mnuchin, said on Wednesday, telling lawmakers he would increase sanctions…
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U.S. fails to reassure Europe, Japan over 'Trumponomics'
EghtesadOnline: The United States said on Saturday the world's other rich economies were getting used to the policy plans of President Donald Trump, but Europe and Japan showed they remained…
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America First Divides G-7 Even as Ministers Warm to Mnuchin
EghtesadOnline: Finance ministers signaled a truce in their trade quarrel with Donald Trump’s administration as his Treasury Secretary said the Group of Seven is starting to understand where…
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Mnuchin Sweetens America First as Chance for Better World Growth
EghtesdaOnline: Donald Trump’s America First doesn’t necessarily leave the global economy last. After three months of agonizing by policy makers over what the U.S. president’s combative policy…
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Trump orders review of financial rules to prevent future crises
EghtesadOnline: U.S. President Donald Trump ordered the Treasury Department on Friday to examine two powers given to regulators to police large financial companies following the 2008 financial…
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Fannie-Freddie Overhaul Is 'Very Important' Goal, Mnuchin Says
EghtesadOnline: Treasury Secretary Steven Mnuchin said overhauling the mortgage-finance system is “very important” to President Donald Trump’s administration and that officials are working with…
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Mnuchin says U.S. growth prospects not fully reflected in markets
EghtesadOnline: U.S. Treasury Secretary Steven Mnuchin said on Friday that he believes financial markets could improve "significantly" once they fully reflect the potential for U.S. economic…
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Mnuchin Promises Individual, Corporate Tax Cuts in Overhaul
EghtesadOnline: U.S. Treasury Secretary Steven Mnuchin said the White House is committed to a tax overhaul that includes corporate and individual tax cuts, while acknowledging it may be a challenge…
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Trump's Not So Different on Trade, Canada Says on G-20 Bargain
EghtesadOnline: As Steven Mnuchin dug in, resisting the rest of the Group of 20, an ally emerged to help the U.S. Treasury Secretary dial back the bloc’s multilateral-trade pledges -- his biggest…
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Mnuchin at G-20 Plays Nice While Snubbing Rules of World Trade
EghtesadOnline: When U.S. Treasury Secretary Steven Mnuchin left the Group of 20 meetings in Germany this weekend, the worst that delegates had to say about him was that he’d been sent a little…
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U.S. Treasury chief tells IMF he expects 'frank and candid' forex analysis
EghtesadOnline: U.S. Treasury Secretary Steven Mnuchin told International Monetary Fund Managing Director Christine Lagarde on Tuesday that he expects the IMF to provide "frank and candid" analysis…
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Ex-Goldman banker Mnuchin installed as Treasury secretary
EghtesadOnline: President Donald Trump swore in former Goldman Sachs banker and Hollywood financier Steven Mnuchin as Treasury secretary on Monday, putting him to work on tax reform, financial…
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Inside the Mind of Mnuchin: Too-Strong Dollar May Hurt Economy
EghtesadOnline: U.S. Treasury Secretary nominee Steven Mnuchin said an “excessively strong dollar” could have a negative short-term effect on the economy.
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Dollar Falls, Asia Stocks Mixed on Trump Moves
EghtesadOnline: The dollar fell for a fourth day as U.S. Treasury Secretary nominee Steven Mnuchin said a strong currency could hurt the economy. The yen fluctuated after the biggest jump since…