U.S. monitoring Saudi situation amid post-purge wealth deals: report

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, Reuters reported, citing U.S. Treasury Secretary Steven Mnuchin.

When 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.”