Update 164 — Mnuchin’s Summer Job: Tax Reform by July, a Snowball’s Chance? This morning, Treasury Secretary Steve Mnuchin outlined an “aggressive timeline” for passing tax reform, saying comprehensive reform of the U.S. tax code would be signed this summer. In an interview this morning with Maria Bartiromo, Mnuchin said the administration is aiming …
Update 163 — The Mnuchin Rule The Senate voted tonight to confirm Steven Mnuchin, mostly voting by party line. West Virginia Sen. Manchin crossed the aisle and cast his vote in favor of the ex-Goldman Sachs partner to head Treasury, making it 53-47. As Trump prepares his “phenomenal” tax plan for release later this month, …
In the twilight moment between administrations, the poetry of the campaign inevitably gives way to the prose of governing. On the eve of the inauguration, testimony of the Treasury Secretary designate is more of a policy position commitment than when he was nominated in November. Now it counts. Treasury nominee Mnuchin’s confirmation hearing yesterday before …
