Mnuchin Says U.S. Workers Benefit From China's FX Moves

Mnuchin Says U.S. Workers Benefit From China's FX Moves

May.18 -- U.S. Treasury Secretary Steven Mnuchin said China’s recent use of foreign currency reserves to prop up the yuan works to the benefit of American workers, and reverses years of intervention that made the country’s products cheaper to sell abroad. He speaks during testimony before the Senate Banking Committee.