Tag: Steven Mnuchin

Treasury Secretary Mnuchin calls US-China talks ‘productive’

BEIJING, China (AFP) — Treasury Secretary Steven Mnuchin said the United States had “productive” talks with China over their trade dispute, after negotiations in Beijing ended with no indication of any concrete progress. In a tweet, Mnuchin said that he and US Trade Representative Robert Lighthizer had “productive meetings with China’s Vice Premier Liu He.” © Agence France-Presse

Trump administration unveils ambitious tax overhaul

WASHINGTON, United States (AFP) – The White House unveiled an ambitious tax overhaul plan Wednesday, proposing deep cuts for individuals and businesses in what it called one of the biggest tax reforms in US history. President Donald Trump’s initiative — outlined in a one-page summary — lowers the top corporate tax rate “from one of the highest in the world to one of the lowest,” from 35 percent to 15 percent, while simplifying individual tax rules, […]

Former Goldman banker Mnuchin installed as U.S. Treasury secretary

WASHINGTON, United States (Reuters) — President Donald Trump swore in former Goldman Sachs banker and Hollywood financier Steven Mnuchin as Treasury secretary on Monday (February 13), putting him to work on tax reform, financial de-regulation and economic diplomacy efforts. The U.S. Senate voted to confirm Mnuchin 53-47, with all but one Democrat opposing him over his handling of thousands of foreclosures as head of OneWest Bank after the 2007-2009 housing collapse. At a White House […]