Stephen Miran Explains Why There’s No Secret Dollar Pact

Stephen Miran Explains Why There’s No Secret Dollar Pact

On today’s Big Take DC podcast, the Chairman of the White House Council of Economic Advisers talks market volatility and currency policy.

White House denies secret deal to weaken dollar, defends strong greenback

The White House is pushing back hard on speculation that it’s working behind closed doors to drive down the dollar. Stephen Miran, who chairs the Council of Economic Advisers, made that clear during an interview on Bloomberg’s Big Take DC podcast. “We’re not secretly at work on any of this stuff. There’s nothing there,” Miran said when asked if the Trump administration was trying to organize an international agreement to weaken the US currency. …