19-01-2017 18:59 via news.yahoo.com

Treasury nominee Mnuchin says long-term dollar strength important

U.S. Treasury Secretary nominee Steven Mnuchin said on Thursday it was important to maintain a strong dollar in the long term, adding that President-elect Donald Trump's recent comments that the currency was too strong were focused on short-term impacts. "When the president-elect made a comment on the U.S. currency, it wasn't meant to be a long-term comment," Mnuchin said in a confirmation hearing before the Senate Finance Committee. Mnuchin, a Wall Street veteran, added that Trump's comments th
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