Trump's wealthy Treasury chief Steve Mnuchin insists international Davos meeting 'isn't a hangout for globalists'

Treasury Secretary Steve Mnuchin on Thursday insisted that a gathering of international bigwigs was not "a hangout for globalists."

CBS News correspondent Major Garrett asked during a White House press briefing why the Trump administration planned to attend the World Economic Forum in Davos, which he described as "a hangout for globalists."

"I don't think it is a hangout for globalists," Mnuchin insisted. "I think the idea is the economic team is going to go over and talk about the 'America first' economic strategy."

The former Goldman Sachs banker and Hollywood financier added "the economy that is good for the U.S. is good for the world."

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