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US Treasury Secretary positions himself as economic moderate

Published Sun, Mar 11, 2018 · 09:50 PM
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Washington

WITH President Donald Trump's top economic adviser Gary Cohn out the door, US Treasury Secretary Steven Mnuchin is working to assume the mantle of the White House's main economic voice of reason.

The former banker and Hollywood producer is intensely loyal to the president and, in his public remarks at least, has always strived to put a softer finish on Mr Trump's confrontational "America First" economic agenda.

At first, Mr Mnuchin sided with Mr Cohn in opposing Mr Trump's plans to impose punishing steel and aluminium tariffs. But he soon hewed to the president's position, under pressure from the administration's…

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