7741. 5/18/2017

CABINET/TREASURY/TRUMP PEOPLE/STEVEN MNUCHIN: “Treasury Secretary Steven Mnuchin will tell lawmakers Thursday [5-18-17] the administration’s goal of achieving sustainable economic growth of 3% or higher is reachable ‘if we make historic reforms to both taxes and regulation.’
In brief prepared testimony to be delivered to the Senate Banking Committee, Mr. Mnuchin also reiterated the Trump administration’s goal to provide ‘meaningful relief’ for middle-class Americans through an overhaul of the U.S. tax code, but offered no new details about the administration’s plans.
‘The first few months of this administration have been significant,’ he said. ‘We have been working hard at the Treasury to develop and implement policy that will allow the economy to grow.’ “

-Kate Davidson, “Treasury’s Mnuchin Tells Lawmakers GDP Growth of 3% or Higher ‘Achievable’,” The Wall Street Journal online, May 18, 2017 10:11am

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