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Thursday, 26 November 2020

Mnuchin to lead US delegation to Israel, Bahrain, UAE on Saturday

Reuters , Saturday 17 Oct 2020
Steven Mnuchin
FILE - In this Sept. 1, 2020 file photo, Treasury Secretary Steven Mnuchin testifies before the House Select Subcommittee on the Coronavirus Crisis, during a hybrid hearing on Capitol Hill in Washington. The federal budget deficit hit an all-time high of $3.1 trillion in the 2020 budget year, more than double the previous record, as the coronavirus pandemic shrank revenues and sent spending soaring. The Trump administration reported Friday, Oct. 16, that the deficit for the budget year that ended on Sept. 30 was three times the size of last year's deficit of $984 billion. AP
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Treasury Secretary Steven Mnuchin will lead a U.S. delegation traveling to Israel, Bahrain and the United Arab Emirates on Oct. 17-20, the Treasury Department said in a statement on Friday.

The visit comes one month after the United Arab Emirates and Bahrain signed agreements to establish formal ties with Israel, becoming the first Arab states to do so in a quarter-century, in deals that were denounced by Palestinian leaders.

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