In a pair of Saturday evening tweets, Treasury Secretary Steven Mnuchin denied an earlier Bloomberg report that President Trump has spoken privately about firing Federal Reserve Chairman Jerome Powell following the Fed's decision to hike interest rates for the fourth time during his tenure.
What he's saying: Mnuchin tweeted a quote that he attributed to Trump on Saturday night, saying, "I totally disagree with Fed policy. I think the increasing of interest rates and the shrinking of the Fed portfolio is an absolute terrible thing to do at this time, especially in light of my major trade negotiations which are ongoing, but I never suggested firing Chairman Jay Powell, nor do I believe I have the right to do so."