Because of course, it’s Steve Mnuchin’s fault the stock market’s down, not any of those stupid trade “policies” or the idiocy of threatening post-WWII economic and security alliances. And leaking this firing threat to Bloomberg isn’t some ploy, because you don’t still believe in Santa, do you… Individual-1?
More Quantitative Sleazing ...because the Fed’s so susceptible to the jawboning of an ass.
Another source told Bloomberg said that Mnuchin's future at the helm of the Treasury Department depends on whether the market continues to drop.
Trump's unhappiness with his treasury chief was reported the day after Mnuchin released a statement seeking to reassure financial markets as stocks continued to plunge. Mnuchin's statement came following reports that Trump was considering firing Federal Reserve Chairman Jerome Powell.
Trump has reportedly asked if some of his advisers could meet with Powell, which would undermine Mnuchin's authority, according to Bloomberg. Mnuchin meets with Powell every week and the Treasury chief is typically tasked with relaying the White House's views.
More signs that there’s madness behind the method in withdrawing from Syria and Afghanistan.
2/Syria withdrawal was “a complete reversal,” done “without deliberation" and "no consideration of risks.” Allies and partners are “shocked and totally bewildered”, Syrian Democratic Forces “don’t believe this is happening,” a senior administration official familiar tells me.
3/Decision comes at critical time in fight against ISIS, with US military & partners “in a Tora Bora situation” in N. Syria with ISIS cornered. US has reason to believe ISIS leader al-Baghdadi & senior cmdrs could be trapped in “a little pocket," based in part on vigorous defense
4/Contradicting President Trump, the Senior Admin Official warns “Russia loves this,” referring to the US withdrawal, and continues to send a message to partners that “if Americans are your friends, they’ll abandon you”
5/More broadly, this official says the national security decision-making process in the administration has "basically stopped working...with decisions made on a whim on phone calls"