Treasury Sec. Pick Mnuchin Answers Senate Questions

The transcript discusses the need for a comprehensive US finance policy and the Treasury's tools to address unfair trade. It covers currency manipulation, IMF fund usage, and sanctions against Iran and Russia. The impact of a strong USD on the market is noted. The confirmation process for Steve Mnuchin is detailed, highlighting his strong position to clear procedural hurdles with Republican support.

What is one of the key issues the US Treasury aims to address according to the first section?

• Healthcare reform

• Currency manipulation

• Education policy

• Climate change

What was the immediate market reaction to Mnuchin's statements about the USD?

• The USD crashed

• The USD strengthened significantly

• The USD remained stable

• The USD experienced a slight drop

What is the next step after Mnuchin answers the outstanding questions?

• The nomination is withdrawn

• The Senate Banking Committee votes

• The President signs the nomination

• The House of Representatives votes

Which committee is responsible for moving Mnuchin's nomination forward?

• House Financial Services Committee

• Senate Judiciary Committee

• House Ways and Means Committee

• Senate Banking Committee

What support does Mnuchin need to clear the first procedural hurdle?

• Support from Republicans

• Support from Democrats

• Support from the President

• Support from Independents