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Mnuchin Says $1 Trillion U.S. Debt Plan Isn't Affecting Markets

Steven Mnuchin
Steven MnuchinPhotographer: Andrew Harrer/Bloomberg

Treasury Secretary Steven Mnuchin said the U.S. government’s plan to borrow what analysts expect to be more than $1 trillion this year isn’t contributing to volatility in markets.

“I don’t think that’s had an impact on the market at the moment,” Mnuchin told reporters at the Capitol on Tuesday. “The debt markets are one of the most liquid markets in the world and are reacting very well.”