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Wednesday, October 23, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: steven mnuchin

UPDATED: Fri., July 12, 2019, 12:29 p.m.

Mnuchin urges Congress to quickly pass new debt limit

Treasury Secretary Steven Mnuchin told congressional leaders that the debt ceiling should be raised before lawmakers leave for their August recess to avert the potential of an unprecedented default on …

UPDATED: Fri., June 14, 2019, 6:16 p.m.

Harriet Tubman $20 bill redesign was underway before Trump administration delay, report says

The work to redesign the $20 bill and affix an image of Harriet Tubman as its centerpiece was well underway before the Trump administration delayed the plans, according to a …

UPDATED: Wed., May 22, 2019, 10:49 a.m.

Mnuchin: Draft IRS memo doesn’t undermine rationale to block release of Trump’s tax returns

Treasury Secretary Steven Mnuchin said Wednesday that a confidential IRS memo does not undermine the agency’s justification for denying lawmakers’ request for President Donald Trump’s tax returns.

UPDATED: Mon., July 30, 2018, 6:19 p.m.

Fed is set to leave rates alone as trade war raises anxiety

The Federal Reserve will meet this week to assess an economy that has just enjoyed a healthy spurt of growth but faces a flurry of trade fights pushed by President …

UPDATED: Sat., April 21, 2018, 3 p.m.

Mnuchin expresses optimism for resolution of trade fights

Treasury Secretary Steven Mnuchin expressed cautious optimism Saturday over efforts to resolve trade tensions that have rattled financial markets and clouded the global economic outlook.

Dana Milbank: Trump era ushers in the triumph of the bootlicker

Last summer, when President Trump said there were “some very fine people” among the neo-Nazis in Charlottesville, he was standing in Trump Tower with two of his top economic advisers, …

UPDATED: Fri., Feb. 2, 2018, 8:21 a.m.

Taking aim at Iran, U.S. hits Hezbollah with new sanctions

Taking aim at Iran’s global footprint, the Trump administration on Friday hit six people and seven businesses linked to Hezbollah with terror sanctions, calling it “the first wave” in a …

UPDATED: Sun., Dec. 24, 2017, 8:15 p.m.

Bomb scare after Treasury Secretary Steven Mnuchin receives package filled with horse manure

A suspicious package that appeared Saturday night in the swanky Los Angeles neighborhood of Treasury Secretary Steven Mnuchin prompted lengthy street closures and a sizable response by local and federal …

House Democrats want financial records tied to Russia probe

Democrats on the House Financial Services Committee pressed Treasury Secretary Steven Mnuchin on Friday to turn over records detailing any financial ties between President Donald Trump, his family and associates …

Mnuchin and Carranza now on $1 bills

Treasury Secretary Steven Mnuchin and U.S. Treasurer Jovita Carranza are now on the money, literally.

GOP eyes popular tax breaks to finance overhaul

Republicans straining to find about $1 trillion to finance sweeping tax cuts are homing in on two popular deductions that are woven into the nation’s fiscal fabric – the mortgage …

Mnuchin says hurricane relief aid should be tied to raising debt limit

Treasury Secretary Steven Mnuchin said Sunday that Congress should combine an initial package of relief for victims of Harvey with an increase in the nation’s debt limit, saying lawmakers need …

UPDATED: Sat., July 15, 2017, 9:24 p.m.

Trump may have to use Obama’s secret debt plan

Deep within the Treasury Department sits a once-secret plan written by the Obama administration that could lead to the first-ever default on U.S. debt. Bond traders are worried that Donald …

UPDATED: Sat., June 3, 2017, 6:30 p.m.

Mnuchin, Mulvaney at odds over U.S. debt limit

A division within the Trump administration over how to avoid a default on the national debt burst into the open, with the president’s treasury secretary and budget director publicly at …

Pelosi: No debt limit increase to reward rich with tax cuts

WASHINGTON – Top House Democrat Nancy Pelosi says GOP leaders shouldn’t take for granted that Democrats will vote to increase the government’s borrowing cap. Pelosi told reporters Friday that she …

Treasury chief to Congress: Raise debt limit before August

Treasury Secretary Steven Mnuchin told lawmakers on Wednesday that they should vote to increase the government’s borrowing authority – and avert a disastrous economic default – before their August recess.

Retail CEOs renew fight against border tax with Mnuchin meeting

After months of uncertainty about a border-adjusted tax, retail CEOs are renewing efforts to quash the idea.

UPDATED: Sat., May 13, 2017, 6:35 p.m.

Mnuchin: U.S. partners more comfortable with Trump on trade

U.S. Treasury Secretary Steven Mnuchin said Saturday that major trading partners are “much more comfortable” with the Trump administration’s stance on trade and tax policy and understand that they will …

Tax reform plan readily available

In short, the legislative shelf is full of policy options from which to choose, if Mnuchin would rather avoid the time-consuming exercise of making his own from scratch.

UPDATED: Fri., March 24, 2017, 4:39 p.m.

Mnuchin says administration tax plan coming soon

President Donald Trump and Treasury Secretary Steven Mnuchin said Friday that the administration will now focus on gaining congressional approval for a sweeping tax overhaul plan.

U.S. and global partners wrestle over trade stance

U.S. Treasury Secretary Steven Mnuchin headed into a tussle over free trade Friday at a summit that will help set the tone for the global economy.

Mnuchin says goal is to pass tax reform by August

Treasury Secretary Steven Mnuchin says the administration is committed to getting major tax reform legislation through Congress by August. He also says President Donald Trump’s economic proposals will boost growth …

Mnuchin warned by Japan, Germany as G-20 sees new economic order

Within hours of being sworn in, Treasury Secretary Steven Mnuchin’s counterparts from Tokyo to Berlin started telegraphing warnings to him: Please don’t call the yen weak. Be careful how you …

UPDATED: Mon., Feb. 13, 2017, 8:30 p.m.

Senate confirms former banker Mnuchin as Treasury secretary

A bitterly divided Senate on Monday confirmed Steven Mnuchin as treasury secretary despite strong objections by Democrats that the former banker ran a “foreclosure machine” when he headed OneWest Bank.

Records dispute Mnuchin’s denial of mortgage-crisis ‘robosigning’

King County foreclosure records indicate a bank founded by Steven Mnuchin, who is up for a Senate confirmation vote Monday as the nation’s treasury secretary under President Donald Trump, engaged …

UPDATED: Thu., Jan. 19, 2017, 10:27 p.m.

Treasury pick emerges smiling from testy hearing

Treasury nominee Steven Mnuchin spent 17 years working at Goldman Sachs, part of what President-elect Donald Trump once called the “global power structure” that has “robbed” American workers. Mnuchin’s financial …

Mnuchin faces more heat from Democrats on OneWest foreclosures

Treasury Secretary nominee Steven Mnuchin is facing growing pressure from Senate Democrats to account for his leadership of a bank accused of shoddy foreclosure practices.

Trump’s latest Cabinet nominees all major donors to his campaign

The three latest nominees tapped by President-elect Donald Trump were major financial backers of his White House campaign.

Trump’s Treasury, Commerce nominees say no ‘absolute’ tax cut for the wealthy, predict faster economic growth

President-elect Donald Trump’s nominee to lead the Treasury Department on Wednesday called reforming the nation’s tax code his top priority, promising significant tax breaks for the middle class but no …

Treasury nominee Mnuchin was Trump’s top fundraiser

Steven Mnuchin, President-elect Donald Trump’s expected choice to be the nation’s 77th treasury secretary, has had a long history as a successful financial executive and a shorter but significant period …