according to The Wall Street Journal, in the first interview after being nominated as the US Treasury Secretary by President-elect Trump, Steven Mnuchin said that his policy focus will be to fulfill Trump's tax reduction promises. These measures include making his first term tax reduction policy permanent, canceling taxation on tips, social security benefits, and overtime pay. Mnuchin said that imposing tariffs and cutting expenses, as well as "maintaining the status of the US dollar as the world's reserve currency" will be the focus of his work. The report said that Mnuchin is one of Trump's closest advisers, adding depth to Trump's economic proposals and defending his more fund-based trade policy plans. He believes that President-elect Trump's plan to extend tax cuts and relax regulations in some areas of the US economy will create an "economic frenzy".

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