President Trump’s “frustration with Treasury Secretary Steven Mnuchin is ratcheting up further after markets suffered their worst Christmas Eve drop ever despite Mnuchin’s attempts to calm Wall Street,” CNN reports.
The source said that Mnuchin “could be in ‘serious jeopardy’ with Trump, who regularly rages at Cabinet members he feels have made mistakes, before he cools off.”
“Trump nevertheless vouched for Mnuchin publicly, shifting blame for the market volatility to the Federal Reserve instead.”