House members grill Treasury Secretary Mnuchin about market turmoil

Treasury Secretary Steven Mnuchin testified before the House Financial Services Committee on Tuesday, a day after the Dow Jones saw its largest point drop in history. Questioned about the “market rout” by Rep. Carolyn Maloney, D-N.Y., Mnuchin pointed out that, as of Tuesday morning, the Dow industrial average was up, and argued that the overall state of the economy is solid.