The administration has based its budget on 3 percent GDP. What happens if we don’t get there?

May 25, 2017
Treasury Secretary Steven Mnuchin faced his second day of grilling on Capitol Hill today, this time appearing before the Senate Finance Committee to discuss his boss’s proposed budget for next year. Baked into that budget is the assumption that the U.S. economy will start growing at 3 percent or higher by the year 2021, which […]

A bipartisan approach could save Trump's tax reform

Apr 11, 2017
Linking infrastructure to tax reform could draw more votes, says Jason Furman of the Peterson Institute.
Chip Somodevilla/Getty Images

Get ready for a huge deficit hike

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Feb 23, 2017
Treasury Secretary Steven Mnuchin said the Trump administration will have a proposed tax plan completed by August. Based on campaign promises, its broad outlines will include a substantial cut to corporate taxes and perhaps reductions in individual taxes. Whatever the details, the plan will almost certainly blow up the federal deficit, and that has big […]

What it would take to spur U.S. growth to 3 percent or more

Feb 23, 2017
The Trump Administration predicts its policies will drive economic growth up to 3 percent or higher. We take a look at what it would take to get there.
BRUNO FAHY/AFP/Getty Images

The Volcker Rule may see some changes

Jan 20, 2017
Treasury secretary nominee Stephen Mnuchin hinted yesterday that he wants to simplify the Volcker Rule.

Choice of Mnuchin troubles housing activists

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Nov 30, 2016
The former Goldman Sachs partner doesn't have a great track record with mortgage lending.
Former Goldman Sachs executive Steven Mnuchin arrives at Trump Tower on another day of meetings with US President-elect Donald Trump November 30, 2016. Trump named Mnuchin for US Treasury secretary Wednesday. 

 
TIMOTHY A. CLARY/AFP/Getty Images

Trump picks Steve Mnuchin for Treasury secretary

Nov 29, 2016
Wall Street has a friend in the campaign's national finance chairman.
Steven Mnuchin, finance chairman for the Trump campaign, was picked as Treasury secretary.
Drew Angerer/Getty Images

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