Treasury Secretary Tries to Ease Concern Over Stock Market Fall - News Summed Up

Treasury Secretary Tries to Ease Concern Over Stock Market Fall


WASHINGTON—Treasury Secretary Steven Mnuchin on Tuesday tried to dampen concerns over the recent stock market fall, which he said was not tied to any issues of financial stability and didn't overly concern him. “I think the fundamentals are quite strong,” he told lawmakers on the House Financial Services Committee, adding, “I don’t think these types of moves, given how much the market has rallied, do have financial stability concerns.”...


Source: Wall Street Journal February 06, 2018 16:28 UTC



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