Economics
Treasury Leadership Vacuum Leaves U.S. Open to Policy Mix-Ups
- Democrats delaying Mnuchin vote leaves longest leadership gap
- Trump will need to appoint another 20 to critical posts
Mnuchin's Top Treasury Task: Fill 20 Critical Posts
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A leadership vacuum at the Treasury Department is beginning to weigh on key areas of American economic policy, such as currency, sanctions and budget issues.
Three weeks after President Donald Trump took office, the Senate is still debating his pick for Treasury secretary, Steven Mnuchin, leaving what lawmakers say has been the longest gap between administrations at the department, though Mnuchin is considered likely to be confirmed in a vote set for Monday at 7 p.m. in Washington. Once that wait is over, the Senate vetting process will begin afresh for about 20 appointees to other top Treasury posts, from debt management to international affairs.