Meanwhile in Davosby digby
MIKA BRZEZINSKI: Treasury Secretary Steve Mnuchin is already making headlines in Davos, telling reporters there that a weaker dollar is better for trade. Joe?
JOE SCARBOROUGH: I am so confused. Stephanie Ruhle, let’s bring you in. …Even I know, you don’t want your Treasury Secretary to say this, do you, at Davos?
STEPHANIE RUHLE: Joe, that is exactly it. It is true, a weaker dollar suits President Trump’s ‘America First’ agenda. But Steve Mnuchin is not a President Trump surrogate doing cable TV. He’s lost the advantage of having the US being the world’s currency. People in the administration have said this is Steve Nnuchin going rogue, a result of Steve Mnuchin having no advisers, no experience, and a skeletal staff. It will clearly impact the markets and it’s a huge break from protocol with Treasury Secretaries before him, not to mention Wilbur Ross being on TV saying we are in a trade war. Maybe Wilbur Ross has been falling asleep in meetings where President Trump says we’re not.
MIKA: Oh, my god.
Oh my God is right.
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