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Steven Mnuchin: Trump Is ‘Absolutely Not’ Trying to Talk Down the U.S. Dollar

By
Reuters
Reuters
and
Michelle Toh
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April 19, 2017, 3:38 AM ET
GERMANY-G20-FINANCE
US Secretary of the Treasury Steven Mnuchin speaks during a press conference at the G20 Finance Ministers and Central Bank Governors Meeting in Baden-Baden, southern Germany, on March 18, 2017. / AFP PHOTO / THOMAS KIENZLE (Photo credit should read THOMAS KIENZLE/AFP/Getty Images)THOMAS KIENZLE/AFP/Getty Images

U.S. President Donald Trump is “absolutely not” trying to talk down the strength of the U.S. dollar, Treasury Secretary Steven Mnuchin was quoted as saying in Wednesday’s edition of the Financial Times.

Mnuchin’s remarks build on those first published in an interview with the FT late on Monday, in which he played down remarks by Trump in a Wall Street Journal interview last week when he said the dollar was “getting too strong.”

Asked if Trump’s remarks to the WSJ were an attempt to talk down the dollar, Mnuchin was quoted in Wednesday’s FT as saying “absolutely not, absolutely not.”

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