Officials told Bloomberg that the proposal is a starting point.
“I don’t think the markets should be concerned,” Mnuchin said during a CNBC interview.
Some analysts wondered whether the addition of Zhong was an intentional delaying tactic to see what happened in the 2020 presidential elections.
Stories moving the markets and shaking up the world.
The Treasury Department has expressed “very serious concerns” Libra could be used to carry out illicit activities.
Mnuchin, along with other members of President Trump's cabinet, met with congressional leaders on Capitol Hill this week to discuss the spending cap and debt ceiling.
What is the debt ceiling, which is often used a political football – and how could it affect individual Americans if Congress fails to raise the cap?
Mnuchin’s comments came hours after President Trump ordered retaliatory strikes after Iran shot down an unnamed U.S. surveillance drone, only to reverse course minutes before the attack was set to occur.