Secretary of Treasury Nominee Shares Thune’s Vision for Pro-Growth Economic Policies
“Keep that focus on growth – we’ve got to get that growth rate back up.” – Sen. Thune
WASHINGTON — U.S. Sen. John Thune (R-S.D.), a member of the Senate Committee on Finance, today questioned President-elect Trump’s nominee to be the next secretary of the treasury, Steven Mnuchin. Thune highlighted his priorities for the next secretary of the treasury, which include comprehensive tax reform and increasing economic growth. Mnuchin shared Thune’s vision for pro-growth economic policy, and Thune received Mnuchin’s commitment to work with him on these issues.
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Anything else Mnuchin shares? Forgot to report 100 million in assets on the old ethics form. Gosh, I forgot the 1 million in art. Overlooked the cushy job I have down in that lovely little tax haven. Seriously? I am a true red Republican, but we correctly burned Daschle for less. Besides, if you can forget to disclose, oh, say, the equivalent of every dollar I could hope to earn in the next 200 years, maybe I should be able to do that with the IRS; an agency that you will now oversee.
Nobody talks about the federal reserve policy of keeping the interest rates near zero. It pays to borrow, and then to spend money; but it does not pay to save money. The federal reserve claims to be non-political, but keeps the interest rates artificially low. If they let the interest rates climb to what they ought to be; they can do it and then blame Trump and the Republicans it is their fault. Get ready for a rocky ride.
Nobody talks about the federal reserve policy of keeping the interest rates near zero. It pays to borrow, and then to spend money; but it does not pay to save money. The federal reserve claims to be non-political, but keeps the interest rates artificially low. If they let the interest rates climb to what they ought to be; they can do it and then blame Trump and the Republicans it is their fault. Get ready for a rocky ride.