Mnuchin welcomes weaker dollar as U.S. makes Davos investment push

White HouseReuters

The U.S. Treasury Secretary Steven Mnuchin welcomed a weakening of the U.S. dollar on Wednesday as he and other top officials launched a major investment push at the annual Davos summit of business and political leaders.

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Mnuchin, speaking on the eve of President Donald Trump's arrival at the Swiss ski resort, also said the market had given a very positive response to recent tax cuts.

He reiterated the White House's goal of achieving economic growth of three percent or more.

(Reporting by Paritosh Bansal; Editing by Mark Bendeich)

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