Trump denies report he's unhappy with Mnuchin

President TrumpDonald John TrumpThe Hill's Morning Report - White House, Congress: Urgency of now around budget GOP presses Trump to make a deal on spending Democrats wary of handing Trump a win on infrastructure MORE on Friday quickly fired back at a Wall Street Journal report that he had openly expressed dissatisfaction with Treasury Secretary Steven MnuchinSteven Terner MnuchinGOP presses Trump to make a deal on spending Overnight Defense: Iran tensions swirl as officials prepare to brief Congress | Trump threatens war would be 'end of Iran' | Graham tells Trump to 'stand firm' | Budget talks begin This week: Democrats, White House set for infrastructure, budget talks MORE, slamming the story as another example of "fake news."

"I am extremely happy and proud of the job being done by [Mnuchin]," Trump tweeted. "The FAKE NEWS likes to write stories to the contrary, quoting phony sources or jealous people, but they aren’t true. They never like to ask me for a quote b/c it would kill their story."

The president's tweet came less than three hours after the Journal published its story, which quoted several unnamed sources who said Trump had derided Mnuchin behind his back. The story also included a statement from Trump's spokeswoman, Lindsay Walters, saying Trump "appreciates" the secretary's work.

According to the report, Trump has openly blamed Mnuchin for the recent volatility in the market, saying, “If he’s so good, why is this happening?” 

Trump also reportedly blames Mnuchin for the appointment of Federal Reserve Chairman Jerome Powell, whom the president has frequently criticized over interest rate hikes.

“President Trump appreciates Secretary Mnuchin’s service as a key member of his cabinet and reports suggesting otherwise are false," the White House said in a statement provided to The Hill.

The Journal report comes amid recent speculation that Trump is looking to shake up his Cabinet. Various media reports have suggested the president is looking to replace chief of staff John KellyJohn Francis KellyMORE, Homeland Security Secretary Kristjen Nielsen and Commerce Secretary Wilbur RossWilbur Louis RossHillicon Valley: Trump takes flak for not joining anti-extremism pact | Phone carriers largely end sharing of location data | Huawei pushes back on ban | Florida lawmakers demand to learn counties hacked by Russians | Feds bust 0M cybercrime group Huawei says inclusion on US trade blacklist is in 'no one's interest' Hillicon Valley: Trump signs order to protect US networks from Chinese tech | Huawei downplays order | Trump declines to join effort against online extremism | Facebook restricts livestreaming | FCC proposes new tool against robocalls MORE, among others.

Asked for comment on the report, a Treasury spokesperson pointed The Hill to Trump's tweet.