Trump denies report he's unhappy with Mnuchin

President TrumpDonald John TrumpTrump: 'Haven't thought about' pardons for Mueller target Pence: Rocket attack 'proves that Hamas is not a partner for peace' Conservation remains a core conservative principle MORE on Friday quickly fired back at a Wall Street Journal report that he had openly expressed dissatisfaction with Treasury Secretary Steven MnuchinSteven Terner MnuchinHouse Oversight Dem wants Trump to release taxes and 'get it over with' Trump officials heading to China for trade talks next week US sanctions Venezuelan bank after Guaidó aide's arrest 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 RossThe Hill's 12:30 Report: O'Rourke jumps into 2020 fray 'Marie Antoinette' activist attends House hearing to protest Trump Commerce chief The Hill's Morning Report - Trump, Senate GOP clash over Yemen, border security MORE, among others.

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