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Business Politics

Trump’s Treasury Secretary pick Steven Mnuchin says US can have 3% to 4% sustained GDP

President-elect Donald Trump‘s pick for Treasury secretary told CNBC on Wednesday that the most important action item for the incoming administration is to boost the economy.

Steven Mnuchin made his comments on “Squawk Box,” as his selection was being announced. He said he believes the U.S. economy can grow at a sustained rate of 3 percent to 4 percent.

Fair trade will also help boost the economy, Mnuchin said — sentiments echoed on CNBC by Trump’s choice for Commerce secretary, Wilbur Ross. – READ MORE