Trump not trying to intervene in currency markets -Mnuchin

Trump not trying to intervene in currency markets -Mnuchin

"I'm not going to go into the exact specifics of what those proposals are and where we stand on them, but, yes, if we can find an acceptable solution, that is our objective", Mnuchin said.

U.S. President Donald Trump fully supports the independence of the Federal Reserve and isn't trying to interfere in the foreign-exchange market, Treasury Secretary Steven Mnuchin told reporters in Buenos Aires. "The president has made it very clear to me that he supports the Fed's independence".

The Treasury chief also repeated his longstanding view that dollar strength is in the USA interest long-term but that he does not comment on short-term dollar moves. His comments weren't meant to jeopardize the Fed's independence, the secretary added.

Kim Jong-Un Fails to Respond to Pompeo Proposals at Pyongyang Meeting
Her lawyer says the trial is being politicized and Russian embassy staff were only allowed to visit her in jail on Thursday. One diplomat said China quickly supported the "hold, " which automatically delays action on the US request for six months.

'Stand your ground' law up for debate in Clearwater convenient store shooting
Drejka frequently visited the store and was angry over her use of the parking spot without a legal permit, Gualtieri said. The Florida law stirred controversy in particular when it was successfully invoked in the shooting of Trayvon Martin.

Sizzling 66 puts charging Tiger in the mix
Tiger Woods was on the range, preparing to tee off on the weekend at the British Open for the first time since 2014 at Hoylake. Johnson and Kisner are staying in a house of seven players - five of them major champions - and share the lead at 6-under 136.

Mnuchin said he didn't think it was "a mistake" for the president to weigh in on the Fed's policy decisions, noting Trump's background as a real estate developer makes him aware of interest rates.

Mnuchin downplayed the notion that he is not holding a formal bilateral meeting with Chinese officials at the G20 meeting, despite an escalating tariff war between the world's two largest economies.

Mnuchin's comment was the latest indication the Trump administration was trying to aid sanctions-hit Rusal, which has taken a series of steps to try to appease the US government and get the restrictions lifted.

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