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US Treasury Secretary says Saudi Arabia is doing a 'great job' with corruption purges

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Treasury Secretary Steven Mnuchin, with his wife Louise Linton, at far left, and U.S. Treasurer Jovita Carranza, right, hold up sheets of new $1 bills, the first currency notes bearing Mnuchin and Carranza's signatures, Wednesday, Nov. 15, 2017

WASHINGTON (Reuters) - The United States is closely watching the situation in Saudi Arabia amid reported asset agreements between Saudi authorities and some detainees in an anti-corruption crackdown, U.S. Treasury Secretary Steven Mnuchin said on Friday.

Asked about the agreements to hand over wealth for detainees' freedom, Mnuchin told CNBC "I think that the Crown Prince (Mohammed bin Salman) is doing a great job at transforming the country," adding that the United States was "obviously monitoring the situation."

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