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Trump praises Treasury Secretary Mnuchin but hits Fed again on rate rises

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Trump praises Treasury Secretary Mnuchin but hits Fed again on rate risesSpeaking to reporters in the Oval Office after a Christmas video conference with U.S. troops deployed abroad, Trump also said U.S. companies were “the greatest in the world” and presented a “tremendous” buying opportunity. Asked if he has confidence in Mnuchin, Trump said: “Yes, I do. The S&P 500 has lost about 19.8 percent from its Sept. 20 closing high, just shy of the 20 percent threshold that commonly defines a bear market.