Treasury's Mnuchin to head US delegation to Davos conclave
[WASHINGTON] US Treasury Secretary Steven Mnuchin will lead a group of US officials who will attend the World Economic Forum later this month in Davos, Switzerland, the White House said Wednesday.
Mr Mnuchin will be joined by officials including Commerce Secretary Wilbur Ross, Labour Secretary Eugene Scalia, Transportation Secretary Elaine Chao, US Trade Representative Robert Lighthizer and White House senior advisers Ivanka Trump and Jared Kushner.
Also attending will be Keith Krach, a State Department under secretary for growth, energy and the environment, and Christopher Liddell, a White House deputy chief of staff.
Reuters reported on Dec 17 that President Donald Trump planned to attend the annual Davos economic forum, citing a source familiar with the plan. A White House official, speaking on condition of anonymity, said on Wednesday that Mr Trump is still expected to attend at this time.
In 2019, Mr Trump had to cancel his plan to attend the annual gathering of global economic and world leaders due to a government shutdown. He attended the Davos forum in 2018.
The World Economic Forum in the Swiss ski resort town is scheduled to run from Jan 21 to 24.
Events in Congress could affect the Republican president's attendance at the event.
Mr Trump, who became the third American president to be impeached on Dec 18, faces a trial on charges of abuse of power and obstruction of Congress once House Speaker Nancy Pelosi, a Democrat, sends the charges - called articles of impeachment - to the Republican-controlled Senate.
A dispute between Ms Pelosi and Senate Leader Mitch McConnell over how the trial will be conducted arose after the Democratic-controlled House of Representatives impeached Mr Trump.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
China finance ministry echoes Xi’s call for bond trading at PBOC
Bank of Japan to hold rates with focus on hawkish signals to buoy yen
Blackstone-owned Crown Resorts can keep Sydney casino licence, regulator says
Silent and brooding, Trump endures courtroom ordeal
China wants everyone to trade in their old cars, fridges to help save its economy
Japan’s factory activity declines slow, PMI shows