Mnuchin withdraws from Saudi financial conference

Treasury Secretary Steven Mnuchin on Thursday decided to withdraw from next week’s Future Investment Initiative conference in Saudi Arabia, following the lead of corporate and media executives who pulled out over the disappearance of dissident Saudi journalist Jamal Khashoggi.

Mnuchin had faced bipartisan criticism for previously planning to attend despite evidence linking Saudi Crown Prince Mohammed bin Salman to Saudi officials suspected of killing Khashoggi inside the Saudi consulate in Istanbul on Oct. 2. Mnuchin had been scheduled to speak at the conference during a six-country tour of the Middle East, but reversed course after meeting with President Trump and Secretary of State Mike Pompeo.

It was unclear whether Mnuchin would still visit Riyadh at all as part of his tour.

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