DEMS/STEVE MNUCHIN/TREASURY: “I have directed @stevenmnuchin1 to get ready to send direct payments ($3,400 for family of four) to all Americans. DEMOCRATS ARE HOLDING THIS UP!“ ––Donald Trump, Twitter.com, August 14, 2020 6:23 am […]

Read More… from 8/14/2020


CHINA/IMF/STEVE MNUCHIN/TRADE DEALS/TRUMP AS PRESIDENT: “The International Monetary Fund on Friday [8-9-19] provided little or no support for President Donald Trump’s assertion that China is manipulating its currency for an unfair trade advantage. In an annual review of China’s economic policies, the IMF said Beijing actually took steps last year to prop up the value […]

Read More… from 8/9/2019


CHINA/ECONOMY/STEVE MNUCHIN/TREASURY/TRUMP AS PRESIDENT: “China on Tuesday [8-6-19] strongly rejected the Trump administration’s determination that it’s manipulating its currency for an unfair trade advantage and accused the United States of protectionist behavior that is hurting the global economy…The Central Bank also accused the United States of ‘wayward unilateralism and protectionist behavior that seriously undermines international […]

Read More… from 8/6/2019


BUSINESS/STEVE MNUCHIN/TECHNOLOGY/TREASURY/TRUMP PEOPLE: “Treasury Secretary Steven Mnuchin said on Monday [7-15-19] that he had ‘very serious concerns’ about cryptocurrencies, including the one being developed by Facebook, the latest indication that Washington is preparing to exert its power over digital currencies. In a briefing at the White House, Mr. Mnuchin said cryptocurrencies posed a national security […]

Read More… from 7/15/2019


DEMS/JUSTICE DEPARTMENT/STEVE MNUCHIN/TREASURY/TRUMP TAXES: “The Justice Department on Friday [6-14-19] backed a decision by Treasury Secretary Steven Mnuchin to defy a request from Congress for President Trump’s tax returns on the basis that it lacked ‘legitimate legislative purpose.’ The department issued a 33-page memo, dated Thursday [6-13-19], that came as House Democrats were preparing a […]

Read More… from 6/14/2019


DEMS/INVESTIGATIONS/NANCY PELOSI/STEVE MNUCHIN/TREASURY/TRUMP TAXES: “It was another wild day in Washington as President Trump stormed out of a three-minute Oval Office meeting with Democratic congressional leaders, Speaker Nancy Pelosi accused the president of a ‘cover-up’ and Treasury Secretary Steven Mnuchin held firm on his refusal to release Mr. Trump’s tax returns to Congress. But Democrats […]

Read More… from 5/22/2019


DEMS/HOUSE OF REPS/STEVE MNUCHIN/TRUMP AS PRESIDENT/TRUMP TAXES: “The Trump administration on Monday [5-6-19] formally rejected demands by House Democrats to turn over the president’s tax returns, setting the stage for what’s likely to be a long legal battle. Treasury Secretary Steven Mnuchin said their demands raise ‘serious constitutional questions’ and that lawmakers do not have […]

Read More… from 5/6/2019


ATTORNEY GENERAL/CONGRESS/STEVE MNUCHIN/TRUMP AS PRESIDENT/TRUMP TAXES: “The Trump administration ruled out turning over President Trump’s tax returns to the House on Monday [5-6-19] and girded for a looming contempt of Congress resolution against Attorney General William P. Barr. The actions ratcheted up the showdown between the executive and legislative branches, as Mr. Trump and his […]

Read More… from 5/6/2019


IRS/STEVE MNUCHIN/TREASURY/TRUMP AS PRESIDENT/TRUMP TAXES: “Treasury Secretary Steven Mnuchin left little doubt Tuesday [4-23-19] that the administration will reject a congressional request for President Donald Trump’s tax returns by a self-imposed May 6 target for a ‘final decision,’ setting the stage for a legal battle that will test the limits of congressional oversight. In a […]

Read More… from 4/23/2019


DEMS/STEVE MNUCHIN/TREASURY/TRUMP AS PRESIDENT/TRUMP TAXES: “Treasury Secretary Steven Mnuchin again delayed a decision on whether to turn over President Trump’s tax returns to Congress, telling House lawmakers late Tuesday [4-23-19] that the Treasury and Justice Departments needed until May 6 to assess the legality of the ‘unprecedented’ request. In a letter to Representative Richard E. […]

Read More… from 4/23/2019


DEMS/STEVE MNUCHIN/TAXES/TREASURY/TRUMP AS PRESIDENT: “The Latest on President Donald Trump’s tax returns (all times local): 10:45 a.m. Treasury Secretary Steven Mnuchin says his department intends to ‘follow the law’ and is reviewing a request by a top House Democrat to provide President Donald Trump’s tax returns to lawmakers. Mnuchin told a House panel that he […]

Read More… from 4/11/2019


DEMS/STEVE MNUCHIN/TREASURY/TRUMP TAXES: “Treasury Secretary Steven Mnuchin said Tuesday [4-9-19] that his department intends to ‘follow the law’ and is reviewing a request by a top House Democrat to provide President Donald Trump’s tax returns to lawmakers. Mnuchin told a House panel that he has not had any communications with the president or his top […]

Read More… from 4/11/2019


DEMS/STEVE MNUCHIN/TREASURY/TRUMP TAXES: “The Trump administration missed a Wednesday [4-10-19] deadline set by Democrats to hand over the president’s tax returns, as the two sides edge closer to an epic legal battle that could rise all the way to the Supreme Court. In a letter released Wednesday evening, Treasury Secretary Steven Mnuchin said he needs […]

Read More… from 4/10/2019


HOUSE OF REPS/LEGAL/STEVE MNUCHIN/TREASURY/TRUMP TAXES: “The Treasury Department said on Wednesday [4-10-19] evening that it would not immediately comply with a congressional request to hand over President Trump’s tax returns, setting up a protracted legal battle between two branches of government. Steven Mnuchin, the Treasury secretary, said in a letter to Representative Richard E. Neal, […]

Read More… from 4/10/2019


DEMS/HOUSE OF REPS/STEVEN MNUCHIN/TREASURY/TRUMP TAXES: “U.S. Treasury Secretary Steven Mnuchin said on Tuesday [4-9-19] that Treasury Department lawyers had held discussions with the White House about an expected request from House Democrats for President Donald Trump’s tax returns. Mnuchin, at a House Appropriations subcommittee budget hearing, said the ‘informational’ conversations had taken place before House […]

Read More… from 4/9/2019


STEVE MNUCHIN/TREASURY/TRUMP TAXES: “Treasury Secretary Steven Mnuchin told lawmakers on Tuesday [4-9-19] that White House lawyers had been in touch with his department about a congressional request for President Trump’s tax returns but said he had not personally spoken to Mr. Trump or those lawyers about how the matter was being handled. Mr. Mnuchin’s disclosure […]

Read More… from 4/9/2019


DEMS/STEVE MNUCHIN/TRUMP TAXES: “Treasury Secretary Steven Mnuchin clashed Thursday with House Democrats over their plans to seize President Donald Trump’s tax returns. Mnuchin, who would field the Democrats’ coming demand for the returns, repeatedly declined to detail how he would handle the request since he has yet to receive it, though he appeared to imply […]

Read More… from 3/14/2019


STEVE MNUCHIN/TREASURY/TRUMP AS PRESIDENT/TRUMP TAXES: “Steven Mnuchin, the Treasury secretary, signaled on Thursday [3-14-19] that he would likely block a congressional request to obtain President Trump’s tax returns on privacy grounds, setting up a potential legal battle if Democrats follow through with plans to request those documents. During an occasionally testy hearing before the House […]

Read More… from 3/14/2019


FEDERAL RESERVE/STEVE MNUCHIN/TREASURY/TRUMP AS PRESIDENT: “Federal Reserve Chairman Jerome Powell sat down with President Donald Trump on Monday [2-4-19]. That marked their first meeting since the president nominated Powell to the post and follows months of strong criticism from Trump about his nominee and the Fed. The central bank said in a statement it was […]

Read More… from 2/4/2019


ECONOMY/FEDERAL RESERVE/STEVE MNUCHIN/TREASURY/TRUMP AS PRESIDENT: “President Trump met Monday [2-4-19] evening with the Federal Reserve chairman, Jerome H. Powell, whom the president has repeatedly criticized as jeopardizing economic growth by raising interest rates. It was the first meeting between the two men since Mr. Powell became the Fed’s chairman last year. The Fed said in […]

Read More… from 2/4/2019


GOVERNMENT/HOUSE OF REPS/STEVE MNUCHIN/TREASURY/TRUMP AS PRESIDENT: “Treasury Secretary Steve Mnuchin has declined to appear before the House Ways and Means Committee on Thursday [1-24-19] to testify on 36,000 Internal Revenue Service employees being called back to work without pay, a committee aide told CNN on Wednesday. Committee Chairman Richard Neal, a Massachusetts Democrat, had called […]

Read More… from 1/23/2019


ECONOMY/MIKE POMPEO/STEVE MNUCHIN/SUMMIT/TRUMP AS PRESIDENT/TRUMP PEOPLE: “U.S. Treasury Secretary Steven Mnuchin and Secretary of State Mike Pompeo will lead the American delegation to the World Economic Forum in Davos, Switzerland, next week, filling in for President Donald Trump, two senior administration officials said. Trump, who attended last year’s Davos event, had planned to go again […]

Read More… from 1/15/2019


SENATE/STEVE MNUCHIN/TREASURY/TRUMP AS PRESIDENT/TRUMP PEOPLE: “The Senate confirmed Justin Muzinich on Tuesday [12-11-18] to be deputy secretary of the Treasury Department, broadening the portfolio of one of Treasury Secretary Steven Mnuchin’s top aides and adding another moderate voice to the upper ranks of President Trump’s economic team. Mr. Muzinich, 41, was approved by a vote […]

Read More… from 12/11/2018


CHINA/STEVE MNUCHIN/TARIFFS/TRADE DEALS/TREASURY/TRUMP AS PRESIDENT: “President Trump warned China on Tuesday [12-4-18] that if President Xi Jinping failed to make good on the trade promises reached during their weekend meeting, the United States would impose additional tariffs on Chinese imports. Referring to himself as a ‘Tariff Man,’ Mr. Trump issued a series of tweets that […]

Read More… from 12/4/2018


ECONOMY/STEVE MNUCHIN/TREASURY/TRUMP AS PRESIDENT: “Treasury Secretary Steve Mnuchin is the latest member of Donald Trump’s Cabinet to be the focus of the President’s ire, the Wall Street Journal reported Friday [11-23-18], citing people familiar with the matter. Trump is blaming Mnuchin for the recently volatile markets and the Federal Reserve’s decisions to raise interest rates, […]

Read More… from 11/23/2018


MEDIA/STEVE MNUCHIN/TREASURY/TRUMP AS PRESIDENT: “I am extremely happy and proud of the job being done by @USTreasury Secretary @StevenMnuchin1. 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.” -Donald […]

Read More… from 11/23/2018


CHINA/STEVE MNUCHIN/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump on Friday [11-16-18] raised the prospect of ending his escalating trade war with China, but signaled US negotiators still want more a few more concessions from their largest trading partner…The Chinese government earlier this week made an initial offer on trade, which Trump said addressed 142 negotiating […]

Read More… from 11/16/2018


ECONOMY/IRAN/SANCTIONS/STEVE MNUCHIN/TRUMP PEOPLE: “Treasury Secretary Steven Mnuchin said Thursday [11-8-18] that the financial messaging service that moves money around the global banking system will be cutting off Iran’s Central Bank..The decision by SWIFT means Iran’s Central Bank will be cut off from the international banking system and will cause significant economic pain, observers say. The […]

Read More… from 111/8/2018


DEMS/STEVE MNUCHIN/TREASURY/TRUMP TAXES: “Democrats are preparing to use an obscure law to try to obtain a copy of President Trump’s tax returns if they win control of the House or Senate — a scenario that could force one of the president’s most trusted aides to reveal his most closely guarded secret. Steven Mnuchin, the Treasury […]

Read More… from 11/1/2018


MEDIA/MIKE POMPEO/SAUDI ARABIA/STEVE MNUCHIN/TREASURY/TRUMP AS PRESIDENT: “President Donald Trump acknowledged Thursday [10-18-18] it ‘certainly looks’ as though missing Saudi journalist Jamal Khashoggi is dead, and he threatened ‘very severe’ consequences if the Saudis are found to have murdered him. His warning came as the administration toughened its response to a disappearance that has sparked global […]

Read More… from 10/18/2018


FEDERAL RESERVE/STEVE MNUCHIN/TREASURY/TRUMP AS PRESIDENT: “Treasury Secretary Steven Mnuchin said Friday [10-12-18] that President Donald Trump respects the independence of the Federal Reserve and the president’s recent comments were simply a reflection of the fact that he favors low interest rates…Mnuchin, who praised Fed Chairman Jerome Powell, said the president understands that the Fed is […]

Read More… from 10/12/2018


CHINA/FEDERAL RESERVE/STEVE MNUCHIN/TRADE WAR/TREASURY/ TRUMP AS PRESIDENT: “Treasury Secretary Steven Mnuchin isn’t buying the argument that the Federal Reserve triggered Wednesday’s [10-10-18] steep fall in US stocks…After US stocks suffered their worst sell-off in eight months on Wednesday, President Donald Trump blasted the Fed as ‘crazy’ for continuing to raise interest rates this year…Under Chairman […]

Read More… from 10/10/2018


CHINA/STEVE MNUCHIN/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump may believe that China will eventually wave the white flag in a trade war, but his posture is inviting only more resistance from Beijing, where skepticism of his administration’s ability to negotiate in good faith is growing…The question was raised just before China announced that it would […]

Read More… from 9/14/2018


STEVE MNUCHIN/TAXES/TREASURY/TRUMP AS PRESIDENT: “The Trump administration is considering bypassing Congress to grant a $100 billion tax cut mainly to the wealthy, a legally tenuous maneuver that would cut capital gains taxation and fulfill a long-held ambition of many investors and conservatives. Steven Mnuchin, the Treasury secretary, said in an interview on the sidelines of […]

Read More… from 7/30/2018


CHINA/EU/G20/STEVE MNUCHIN/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “The finance ministers and central bankers of the G-20 group of countries ended their meeting here with little progress on resolving global trade tensions sparked by President Donald Trump’s tariffs, with the U.S. and EU both insisting their conditions for trade talks must be met. U.S. Treasury Secretary Steven Mnuchin […]

Read More… from 7/22/2018


IRAN/OIL/SANCTIONS/STEVE MNUCHIN/TRUMP PEOPLE: “The United States in certain cases will consider waivers for countries that need more time to wind down imports of oil from Iran as it seeks to avoid disrupting global oil markets while reimposing sanctions against Tehran, U.S. Treasury Secretary Steven Mnuchin said…Mnuchin spoke to reporters while en route from Mexico, where […]

Read More… from 7/16/2018


STEVE MNUCHIN/TRUMP AS PRESIDENT/WTO: “President Donald Trump has been privately suggesting that he wants the US to withdraw from the World Trade Organization, according to a new report. Trump has been repeatedly telling White House officials he wants out from the global trade organization, Axios reported Friday [6-29-18]…The President’s economic advisers have pushed back when […]

Read More… from 6/29/2018


CHINA/STEVE MNUCHIN/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump, fed up with hearing he was weak on China, assembled his senior trade team at the White House on May 22 and vented, according to officials who were involved. He wanted a tougher approach, including tariffs he could use as a weapon to force trade concessions. Treasury […]

Read More… from 6/7/2018


CHINA/STEVE MNUCHIN/TARIFFS/TRUMP AS PRESIDENT: “The Trump administration sent a sudden, harsh message to its Chinese counterparts, saying the U.S. was moving forward with its threat to apply tariffs on Chinese imports and other actions to restrict Beijing from accessing sensitive U.S. technology. Tuesday’s [5-29-18] move surprised many observers after the White House had for days […]

Read More… from 5/29/2018


CHINA/STEVE MNUCHIN/TARIFFS/TRUMP AS PRESIDENT: “The U.S. suspended its threat to impose tariffs on $150 billion in Chinese imports to the U.S. while negotiations with China continue, but President Donald Trump could impose the tariffs if a deal between the two countries doesn’t progress, Treasury Secretary Steven Mnuchin said. ‘Both parties have agreed to suspend the […]

Read More… from 5/21/2018


CHINA/STEVE MNUCHIN/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “The Trump administration has suspended its plan to impose sweeping tariffs on China as it presses forward with trade talks, a gesture that will temporarily ease tensions between the two nations but rapidly increase pressure on President Trump to secure the type of tough deal that he has long said […]

Read More… from 5/20/2018


CHINA/STEVE MNUCHIN/TRADE DEALS/TRUMP PEOPLE: “President Donald Trump said he was sending a delegation of his top economic advisers to Beijing next week to try to settle trade disputes that have upset U.S.-China relations and rattled markets world-wide…The members of the U.S. team will include Treasury Secretary Steven Mnuchin, U.S. Trade Representative Robert Lighthizer, National Economic […]

Read More… from 4/24/2018


ECONOMY/STEVE MNUCHIN/TREASURY/TRUMP AS PRESIDENT/TRUMP PEOPLE: “President Trump on Monday [4-2-18] will tap Justin Muzinich, a top aide to Treasury Secretary Steven Mnuchin, as the Treasury Department’s deputy secretary, a powerful role that includes overseeing a broad portfolio of policy matters like taxes, financial regulation, trade and economic sanctions. The nomination fills a void in the […]

Read More… from 4/2/2018


CHINA/STEVE MNUCHIN/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “China and the U.S. have quietly started negotiating to improve U.S. access to Chinese markets, after a week filled with harsh words from both sides over Washington’s threat to use tariffs to address trade imbalances, people with knowledge of the matter said. The talks, which cover wide areas including financial […]

Read More… from 3/26/2018


ECONOMY/STEVE MNUCHIN/TARIFFS/TREASURY/TRUMP AS PRESIDENT: “President Trump’s plan to hit countries around the world with stiff tariffs on imports of steel and aluminum has dominated a gathering of world economic leaders amid fears that the United States is on the cusp of starting an international trade war. On Monday [3-19-20], Steven Mnuchin, the United States Treasury […]

Read More… from 3/20/2018


ETHICS/STEVE MNUCHIN/TREASURY: “Treasury Secretary Steven Mnuchin’s use of military aircraft has cost taxpayers nearly $1 million for eight trips, newly released documents show. That includes a one-week trip to the Middle East in late October, which cost $183,646 for flights on military aircraft. That trip came on top of $811,797.81 in previously reported expenditures for […]

Read More… from 3/15/2018


2016 ELECTION/CYBERWAR/JUSTICE DEPARTMENT/ROBERT MUELLER/RUSSIA/STEVE MNUCHIN/TREASURY/TRUMP AS PRESIDENT/UK: “The Trump administration on Thursday [3-15-18] issued for the first time sanctions against Russia for meddling in the 2016 U.S. presidential election and for cyberattacks, targeting the Kremlin’s intelligence agencies and individuals indicted by special counsel Robert Mueller for their role in election interference. In sanctioning five entities […]

Read More… from 3/15/2018


DEMS/POLITICAL FIGURES/STEVE MNUCHIN/TRUMP AS PRESIDENT: “Treasury Secretary Steven Mnuchin on Sunday [3-11-18] defended President Donald Trump’s new comments about Rep. Maxine Waters, saying he ‘likes making funny names. During Saturday night’s campaign rally in Pennsylvania, Trump dismissed the California Democrat as a ‘very low-IQ individual.’ … ‘I’ve been with the president and at campaigns. You know, […]

Read More… from 3/11/2018


STEVE MNUCHIN/TARIFFS/TRADE DEALS/TREASURY/TRUMP AS PRESIDENT: “Treasury Secretary Steven Mnuchin said the White House will move forward with steel and aluminum tariffs despite strong pushback from congressional Republicans and business groups, one day after President Donald Trump’s top economic adviser resigned following the surprise policy decision… Mr. Mnuchin said it was possible the White House would […]

Read More… from 3/7/2018


CONSUMER PROTECTION/STEVE MNUCHIN/TREASURY: “U.S. Treasury Secretary Steven Mnuchin on Tuesday [2-6-18] said he wants to know how the Consumer Financial Protection Bureau is handling a probe into a hack of credit bureau Equifax Inc after a report that the agency’s chief has pulled back from investigating the matter. Equifax disclosed in September that hackers had […]

Read More… from 2/6/2018


RUSSIA/STEVE MNUCHIN/TREASURY/TRUMP AS PRESIDENT: “U.S. Treasury Secretary Steven Mnuchin told lawmakers that the Trump administration plans to levy new Russia sanctions based on a list of oligarchs and senior government officials published late Monday [1-29-18]. Mr. Mnuchin’s comments on Tuesday come as some lawmakers criticized the administration for failing to issue new sanctions under a […]

Read More… from 1/30/2018


STEVE MNUCHIN/TREASURY: “U.S. Treasury Secretary Steven Mnuchin brushed off worries about the dollar Wednesday [1-24-18] and expressed little concern over the decision by 11 Pacific Rim countries to forge a new commercial bloc that excludes the U.S… It is unusual for a Treasury secretary to comment on where the dollar should be. Mr. Mnuchin, who […]

Read More… from 1/24/2018


GOP/IRS/STEVE MNUCHIN/TREASURY: “Republican lawmakers have said they intend to pass a technical corrections bill, but any new law is likely to need 60 votes in the Senate, a difficult hurdle. Lawmakers have already started to re-examine one change that would give some farmers and cooperatives a significant tax advantage over their competitors. Mr. Mnuchin also […]

Read More… from 1/12/2018


GOP/STEVE MNUCHIN/TREASURY: “Treasury Secretary Steven Mnuchin loves being at the center of the White House action, a place he found himself again on Thursday [1-11-18], in the briefing room talking about the latest round of corporate pay hikes and bonuses. The latest West Wing appearance was right in Mnuchin’s sweet spot, on the implementation and […]

Read More… from 1/12/2018


BUDGET/IRS/STEVEN MNUCHIN/TREASURY: “When Treasury Secretary Steven Mnuchin was asked at his confirmation hearing what he thought about using private companies to collect money owed to the government, he replied that it ‘seems like a very obvious thing to do.’ It may have been obvious, but it certainly was not economical. Private debt collectors cost the […]

Read More… from 1/10/2018


PROTESTS/STEVE MNUCHIN/TREASURY: “A box filled with manure and addressed to Steven Mnuchin, the Treasury secretary, was left Saturday [12-24-17] at his neighbor’s home in the upscale Bel-Air neighborhood of Los Angeles, the police told KNBC-TV. Helicopter footage from the station showed the manure spilling onto the ground after the authorities emptied the box, which was […]

Read More… from 12/24/2017


2016 ELECTION/RUSSIA/STEVEN MNUCHIN/TREASURY/TRUMP AS PRESIDENT: “The U.S. Treasury Department’s Office of Inspector General said late Wednesday [12-20-17] it won’t pursue a request to probe whether Treasury Secretary Steven Mnuchin should recuse himself from federal investigations into alleged Russian interference in the 2016 presidential election. Democratic lawmakers, public-interest groups and left-leaning nonprofits have questioned in recent […]

Read More… from 12/20/2017


STEVEN MNUCHIN/TAXES/TRADE DEALS/TREASURY/TRUMP AS PRESIDENT: “The Trump administration’s planned overhaul of U.S. corporate tax law came under attack Monday [12-11-17] from finance ministers of Europe’s five largest economies, voicing the growing anxiety among foreign executives and officials that the proposals would give American firms unfair tax advantages. In a letter sent to Treasury Secretary Steven […]

Read More… from 12/11/2017


STEVEN MNUCHIN/TAXES/TREASURY: “President Trump’s Treasury secretary says most middle income Americans will get a tax break under the Republican plan brewing in Congress. But he stopped short of saying that break would be for all of them. ‘By simplifying the code, we’re putting everybody on a level playing field,’ Steven Mnuchin told CNN’s Jake Tapper […]

Read More… from 11/12/2017


STEVEN MNUCHIN/TAXES/TREASURY: “Treasury Secretary Steven Mnuchin is the de facto frontman for the administration’s proposed overhaul of the U.S. tax system because of his extreme loyalty to President Donald Trump and the scores of tax policy experts and economists at his command. But Mnuchin, a former investment banker and movie financier with no prior experience […]

Read More… from 10/26/2017


FOREIGN POLICY/STEVEN MNUCHIN/TREASURY/TRUMP AS PRESIDENT: “The Trump administration on Wednesday [10-25-17] imposed sanctions on eight individuals and a business affiliated with the Islamic State in Yemen and with Al Qaeda in the Arabian Peninsula in the first coordinated action taken with a newly formed center to combat terrorist financing led by the United States and […]

Read More… from 10/25/2017


STEVE MNUCHIN/TAXES/TREASURY: “Treasury Secretary Steven Mnuchin said Friday [10-13-17] that some parts of a Republican plan to overhaul the tax code could be permanent, while others would only be temporary. Mr. Mnuchin, speaking at a conference of international bankers, also said he expects Congress can have a bill to the president’s desk by the beginning […]

Read More… from 10/13/2017


ETHICS/STEVE MNUCHIN/TREASURY: “Treasury Secretary Steven Mnuchin has not violated any laws with his use of government-funded planes but should provide more detail on why he needs them in the future, the department’s inspector general found in a report released Thursday [10-5-17]. Mnuchin has flown on military aircraft seven times since becoming secretary, at a cost […]

Read More… from 10/5/2017


FEDERAL RESERVE/NOMINATIONS/STEVEN MNUCHIN/TREASURY/TRUMP AS PRESIDENT: “President Donald Trump and Treasury Secretary Steven Mnuchin met with former Federal Reserve governor Kevin Warsh on Thursday [9-28-17] to discuss his potential nomination as the next Fed chairman, a White House official said, signaling that the West Wing is moving ahead with a process that the president has said […]

Read More… from 9/29/2017


BUDGET/ECONOMY/STEVEN MNUCHIN/TREASURY/TAXES: “The Treasury Department has taken down a 2012 economic analysis that contradicts Secretary Steven Mnuchin’s argument that workers would benefit the most from a corporate income tax cut. The 2012 paper from the Office of Tax Analysis found that workers pay 18% of the corporate tax while owners of capital pay 82%. That […]

Read More… from 9/28/2017


STEVE MNUCHIN/TAXES/TREASURY: “Steven Mnuchin is facing the biggest test of his short political career. The Treasury secretary has been working for months to bridge divides between an impulsive president and a fractious Congress to deliver on the Republican Party’s promise of a simpler tax code with lower rates. He has a powerful tailwind. Both Donald […]

Read More… from 9/25/2017


ETHICS/STEVE MNUNCHIN/TREASURY: “Treasury Secretary Steven Mnuchin requested the use of a military aircraft to fly him and his wife to several European countries for their honeymoon following their June wedding, but he later withdrew the request, a Treasury spokesman said Wednesday [9-13-17]. Mr. Mnuchin asked to use the government jet to travel with his new […]

Read More… from 9/14/2017


STEVEN MNUCHIN/TAXES/TREASURY: “Treasury Secretary Steven Mnuchin said Tuesday [9-12-17] the GOP’s tax overhaul proposal would seek to exclude services companies from enjoying a new lower rate on businesses that don’t pay corporate taxes. Mr. Mnuchin emphasized that policy makers want to ensure they don’t create loopholes for certain individuals or businesses to take advantage of […]

Read More… from 9/12/2017


GARY COHN/STEVE MNUCHIN/TAXES/TRUMP AS PRESIDENT/TRUMP PEOPLE: “Gary D. Cohn and Steven Mnuchin have spent months behind closed doors with Republican congressional leaders sketching the contours of an elaborate and politically difficult tax overhaul that is President Trump’s top priority. Mr. Trump hopes to jump-start the process on Wednesday [8-30-17], traveling to Springfield, Mo., for a […]

Read More… from 8/28/2017


ETHICS/STEVE MNUCHIN: “A government ethics watchdog group is launching their own investigation into Treasury Secretary Steve Mnuchin and his wife Louise Linton’s travel to Kentucky after a photo posted by Linton, spotlighting her lavish designer clothing as she stepped off a government plane, went viral. CREW, Citizens for Responsibility and Ethics in Washington, has requested […]

Read More… from 8/25/2017


STEVE MNUCHIN/TREASURY: “Louise Linton, the actress and wife of Treasury Secretary Steven Mnuchin, shot back at an online commenter Monday [8-21-17] evening, bragging of her family’s wealth and calling the commenter ‘adorably out of touch’ beneath a post in which she identified several high-end brands she was wearing in the photo. In the photo, Linton […]

Read More… from 8/22/2017


RACISM/STEVEN MNUCHIN: “Treasury Secretary Steven Mnuchin rejected calls for him to resign in protest of President Donald Trump’s response to violence at a white-nationalist rally in Charlottesville, Va., last weekend, and defended the president in a statement Saturday [8-19-17] evening. Mr. Mnuchin condemned the ‘actions of those filled with hate and with the intent to […]

Read More… from 8/19/2017


GOP/NATIONAL DEBT/STEVE MNUCHIN/TREASURY: “Republican congressional leaders are quietly preparing to pass a ‘clean’ debt ceiling increase, according to multiple senior GOP sources — setting the stage for a high-risk showdown with rank-and-file Republicans this fall. Trump administration officials, led by Treasury Secretary Steven Mnuchin, are imploring Congress to raise the $19.8 trillion debt limit with […]

Read More… from 8/3/2017


NATIONAL DEBT/STEVE MNUCHIN/TREASURY: “Republicans are leaving town for an August recess after a failed attempt to repeal the Affordable Care Act. When they return in September, they’ll have just 12 working days to avert another big problem. In a letter to lawmakers Friday, U.S. Treasury Secretary Steven Mnuchin said the federal borrowing limit, or debt […]

Read More… from 7/30/2017


NATIONAL DEBT/STEVE MNUCHIN/TREASURY: “Treasury Secretary Steven Mnuchin told lawmakers Thursday [7-27-17] he has ‘no intent’ to prioritize certain government payments and delay others if Congress fails to raise the federal borrowing limit… Government debt hit the statutory limit in mid-March, and Treasury has been using extraordinary measures since then to raise enough cash to keep […]

Read More… from 7/27/2017


BUDGET/STEVE MNUNCHIN/TREASURY: “Treasury Secretary Steven Mnuchin said Wednesday [7-26-17] his agency’s efforts to conserve cash until Congress raises the federal borrowing limit impose a ‘significant’ cost on taxpayers. Government debt hit the borrowing limit in mid-March, and the Treasury has been using these ‘extraordinary measures’ since then to raise cash to keep paying the government’s […]

Read More… from 7/26/2017


CABINET/NATIONAL DEBT/TREASURY/TRUMP PEOPLE/STEVE MNUCHIN: “Treasury Secretary Steven Mnuchin said Tuesday [6-20-17] he isn’t concerned about U.S. tax receipts coming in lower than expected in recent months. If the trend continues, it could shorten the amount of time the government has before it runs out of cash to pay its bills unless Congress raises the federal […]

Read More… from 6/20/2017


STEVE MNUCHIN/TREASURY/TRUMP PEOPLE: “Treasury Secretary Steven Mnuchin said Monday [6-12-17] that the U.S. government can be funded through ‘the beginning of September’ and urged lawmakers to raise the federal borrowing limit before they leave for their summer recess. He reiterated remarks he made last week that if Congress doesn’t raise the federal borrowing limit before […]

Read More… from 6/12/2017


BUDGET/TREASURY/TRUMP AS PRESIDENT/TRUMP PEOPLE/STEVE MNUCHIN: “Trump administration officials, testifying on Capitol Hill Wednesday [5-23-17] on their 10-year budget plans, pointed to a more pressing fiscal problem: They could run out of room to pay the government’s bills within the next few months. Treasury Secretary Steven Mnuchin asked Congress to raise the debt limit—which risks shutting […]

Read More… from 5/24/2017


CABINET/TREASURY/TRUMP PEOPLE/STEVEN MNUCHIN: “U.S. Treasury Secretary Steven Mnuchin on Thursday [5-18-17] pledged to treat ‘very seriously’ any business dealings President Donald Trump or his family might have with foreign companies flagged by officials as national security risks. Mnuchin did not say any such cases existed. A senior Democrat pressed Mnuchin, in an appearance before senators, […]

Read More… from 5/18/2017


BANKING/CABINET/TREASURY/TRUMP PEOPLE/STEVEN MNUCHIN: “In 2008, as the financial crisis swirled, the federal government rushed Fannie Mae and Freddie Mac into conservatorship. The two giant mortgage-finance companies became wards of the state under a new regulator that would manage their affairs until they were healthy enough to stand on their own. Nearly nine years later, they’re […]

Read More… from 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 […]

Read More… from 5/18/2017


BUDGET/TREASURY/TRUMP PEOPLE/STEVEN MNUCHIN: “A key advisory committee at the Treasury Department has advised that Treasury Secretary Steven Mnuchin’s idea to create 50-year and 100-year U.S. bonds is unlikely to be successful. The Treasury’s Borrowing Advisory Committee, composed of representatives from some of the largest financial institutions that participate heavily in the bond market, told the […]

Read More… from 5/3/2017


CABINET/IMF/TREASURY/TRUMP AS PRESIDENT/TRUMP PEOPLE/STEVE MNUCHIN/WORLD BANK: “Leaders of the World Bank and the International Monetary Fund may have this past weekend won the qualified backing of the Trump administration, but their work is hardly done. Both institutions will likely still have to prove to their largest and most powerful shareholder that they represent an efficient […]

Read More… from 4/24/2017


CABINET/RUSSIA/TREASURY/TRUMP PEOPLE/STEVE MNUCHIN: ” ‘The Treasury Department will not be issuing waivers to U.S. companies, including Exxon, authorizing drilling prohibited by current Russian sanctions,’ Treasury Secretary Steven Mnuchin, said in a statement Friday. Mnuchin said he consulted with President Trump on the decision. Exxon had applied for a waiver from sanctions imposed by the Obama […]

Read More… from 4/21/2017


CABINET/TAXES/TREASURY/TRUMP AS PRESIDENT/TRUMP PEOPLE/STEVE MNUCHIN: “Treasury Secretary Steven Mnuchin said Thursday [4-20-17] the Trump administration plans to release its tax reform proposal ‘very soon’ and promised that a sweeping overhaul of the tax code will get done. Speaking at a conference of international financial firms in Washington, Mr. Mnuchin said Treasury is ‘pretty close to […]

Read More… from 4/20/2017


CABINET/CONFLICT OF INTEREST/ETHICS/TREASURY/TRUMP PEOPLE/STEVEN MNUCHIN: “The top Democrat on the Senate Finance Committee asked the government ethics watchdog on Monday to review comments by Treasury Secretary Steven Mnuchin plugging ‘The Lego Batman Movie,’ a film one of his companies produced, for a possible ethics violation. In a letter to Office of Government Ethics Director Walter […]

Read More… from 3/28/2017


CABINET/TREASURY/TRUMP PEOPLE/STEVEN MNUCHIN: “Treasury Secretary Steven Mnuchin said the Trump administration is close to completing its proposal to overhaul the U.S. tax code and said any legislation to reduce corporate and individual rates needed to be comprehensive. ‘We’re not cutting this up and doing little pieces at a time,’ he said at an event in […]

Read More… from 3/24/2017


CABINET/TREASURY/TRUMP PEOPLE/STEVEN MNUCHIN: “What he said: In written testimony, Mnuchin denied that his former bank used ‘robo-signing’ to foreclose on homeowners. He wrote, ‘OneWest Bank did not *robo-sign* documents.’ What really happened: OneWest’s foreclosure practices included so-called robo-signings that pushed homeowners into foreclosure without proper review or due process. OneWest was one of many banks […]

Read More… from 3/4/2017


BUDGET/CABINET/TRUMP PEOPLE/STEVEN MNUCHIN: “U.S. President Donald Trump’s first budget proposal will spare big social welfare programs such as Social Security and Medicare from any cuts, Treasury Secretary Steven Mnuchin said in an interview broadcast on Sunday. Mnuchin said Trump would also use a major policy speech to a joint session of Congress on Tuesday night […]

Read More… from 2/26/2017


CABINET/TREASURY/TRUMP PEOPLE/STEVEN MNUCHIN: “Treasury Secretary Steven Mnuchin, in an exclusive interview with The Wall Street Journal, said the strong U.S. dollar is a reflection of confidence in the U.S. economy and its performance compared with the rest of the world and was a ‘good thing’ in the long run. The comments, made in his first […]

Read More… from 2/22/2017


CABINET/TREASURY/TRUMP PEOPLE/STEVEN MNUCHIN: “U.S. Treasury Secretary Steven Mnuchin urged the International Monetary Fund [IMF] to use its surveillance powers to police the exchange-rate policies of its members, part of the Trump administration’s broader effort to challenge some of America’s biggest trading partners. Mr. Mnuchin told IMF Managing Director Christine Lagarde in a telephone conversation on […]

Read More… from 2/21/2017


CABINET/STEVE MNUCHIN/TREASURY: “Following a bruising confirmation battle that centered on his actions as head of Pasadena’s OneWest Bank, Wall Street executive Steven T. Mnuchin was narrowly confirmed by the Senate as Treasury secretary on Monday. Mnuchin becomes one of President Trump’s top Cabinet officers. He immediately faces a packed agenda. The wealthy hedge fund manager […]

Read More… from 2/13/2017


CABINET/STEVE MNUCHIN/TREASURY: “The newly christened ‘Mnuchin rule’ — the assurance given by the Treasury nominee Steven T. Mnuchin that ‘there would be no absolute tax cut for the upper class’ — seems as if it was made to be broken. Mr. Mnuchin initially made the statement during an interview on CNBC in November, after President […]

Read More… from 2/9/2017


CABINET/TREASURY/TRUMP PEOPLE/STEVE MNUCHIN: “President Trump’s Treasury secretary nominee, Steven Mnuchin, has been sued again by a film financier that accuses Mnuchin and others of fraud related to the collapse of movie and TV company Relativity Media.  RKA Film Financing, in an amended complaint filed Thursday in New York County Supreme Court, renewed its claim that […]

Read More… from 2/3/2017