amazon Op-ed Steven Mnuchin U.S. Business News 

Treasury Secretary Supports DOJ’s Decision to Probe Amazon’s Monopoly

Treasury Secretary Steven Mnuchin concurred with the DOJ that anti-competitive practices at the big tech companies warrant an antitrust investigation — an idea first proffered by Walmart. In an interview on CNBC, Steven Mnuchin said that while there have been many benefits to Amazon, the company has also destroyed the American retail industry, thereby limiting competition. What is the difference between Amazon’s competition now and Walmart’s in the early 2000s? @BeckyQuick asks Treasury Secretary @stevenmnuchin1 as anti-trust probes into big tech ramp up — Squawk Box (@SquawkCNBC) July 24,…

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bitcoin cnbc Cryptocurrency News Steven Mnuchin 

Mnuchin Shades Bitcoin, Pinky-Swears He’s Not Loading Up

Bitcoin will never, ever become a part of US Treasury Secretary Steven Mnuchin’s investment portfolio. The former hedge fund manager expressed his distrust of the cryptocurrency in a new interview clip released by CNBC, in which he assures the network that he won’t be talking about bitcoin six years from now. He also pinky-sweared that he will “not be personally loaded up on bitcoin” – ever. “I would have other priorities […] I will not be personally loaded up on bitcoin,” Mnuchin told CNBC host Joe Kernen. “I can assure you…

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bitcoin Bitcoin Price News Bitcoin Regulation Cryptocurrency News Libra Steven Mnuchin 

Mnuchin Warns Bitcoin Users of ‘Very, Very Strong’ Regulations

US Treasury Secretary Steven Mnuchin again turned his attention to bitcoin this week, warning that the Trump administration would pursue “very, very strong” enforcement of existing financial regulations to stop bad actors from using the cryptocurrency to bankroll criminal activities. Treasury secretary: crypto could become a financial system risk Mnuchin elaborated on the White House’s crypto stance during a Thursday morning interview with CNBC, warning that bitcoin could become a “risk to the financial system” if it becomes the equivalent of a Swiss bank account. “We’re going to make sure…

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