U.S. President Donald Trump is "very happy" with his Treasury secretary, Steven Mnuchin, a top White House economic adviser said on Wednesday, as he defended the Treasury for a recent call to top bankers to discuss markets.

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"I am highly confident that the president is very happy with Secretary Mnuchin," White House Council of Economic Advisers Chairman Kevin Hassett told Fox Business Network. "I`ve met with them together in the Oval (Office) many, many times and they have a very collegial and productive working relationship."

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