Steven Mnuchin won't rejoin Trump administration, but has advice on sanctions, debt
Donald Trump's former Treasury secretary, Steven Mnuchin, said he will not seek to join the president-elect's new administration but is ready to offer advice to his successor, including on how to strengthen sanctions on Iran and Russia and contain the growth of U.S. debt.
In an interview, Mnuchin told Reuters it was important for the Treasury to work towards strengthening U.S. trade policy. This includes holding Beijing to its U.S. goods purchase commitments in Trump's January 2020 Phase One deal to rebalance U.S.-China trade, which he said «they're not living up to.»
Serving as Treasury chief during Trump's first term «was the experience of a lifetime, and I'm happy to advise on the outside,» Mnuchin said on Friday. «I'm sure they'll have a lot of great choices.»
He declined to name any favorites.
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