Capitol Report: What these experts would tell Trump at 3 a.m. about the dollar

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President Donald Trump speaks on the phone in the Oval Office.

The phone rings at 3 a.m., and President Donald Trump is on the line. He wants to know whether a strong or a weak dollar is good for the U.S. economy.

According to a report in the Huffington Post, this recently happened to national-security adviser Mike Flynn.

Since the Clinton administration, the mantra that a strong dollar DXY, +0.05% is in the nation’s interest has been official policy. Comments from Trump, incoming Treasury Secretary Steve Mnuchin and Trump trade adviser Peter Navarro all suggest that a rethink of the policy is underway.

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