Steven Mnuchin


Last quote by Steven Mnuchin

The Venezuelan people are suffering from a collapsing economy brought about by their government's mismanagement and corruption. Members of the country's Supreme Court of Justice have exacerbated the situation by consistently interfering with the legislative branch's authority. By imposing these targeted sanctions, the United States is supporting the Venezuelan people in their efforts to protect and advance democratic governance in their
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May 18 2017 Sanctions
We found 149 articles in which Steven Mnuchin said something. The most recent Steven Mnuchin’s quote is: “This is an issue that I'm aware of. I can assure you that this, like any other national-security issue, will be reviewed.”. In addition, all sources we refer have quoted Steven Mnuchin 233 times. On this page, you will find all of Steven Mnuchin’s quotes organized by date and topic.
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Steven Mnuchin quotes

This is a reminder to all of us of the importance and focus on cyber security. We had this on the agenda today, we were speaking about it, I think people felt so strongly about it that we agreed to keep it on the agenda for the next few

We do not want to be protectionist but we reserve our right to be protectionist to the extent that we believe trade is not free and fair. Our approach is for more balanced trade, and people have heard that. And as I say, people are more comfortable today, now that they've had the opportunity to spend time with me and listen to the president and hear our economic

This is a big priority for the president ... We're going to try to get this done as quickly as we

We're excited about U.S. trade policies and I think you probably saw last night, we made an announcement of a 100 day economic plan with the Chinese, so I think we're very happy with how we are proceeding on

I think the secretary has made clear to his counterparts that it is very important for all countries to abide by their exchange rate commitments that they have made ... I think that message is coming through loud and

So priming the pump in the short term leads to

I think a lot of the Democratic senators actually believe we're on to the right tax plan to bring back business to America, and that's what they're all about, they want to grow jobs in their states, just like the president

We're going to continue to have discussions with them above

We expect to pay for this through economic growth, and through eliminating a lot of

We do believe in regulations. So we are not trying to go to a world where there are no regulations. But we do believe in proper

Keith Noreika has deep experience in helping banks operate in a safe and sound manner, provide fair access to financial services, and provide credit needed for business expansion and job growth. I am confident that he will capably lead the OCC in carrying out its important

We have over 100 people in the tax department, and we've been running numbers, you know, for several

There's really three parts that will drive that. First, is tax reform. This will be the most sweeping tax reform we've ever had. The second part is regulatory relief. We can have sound regulations. Make sure we have proper

And the third part is fair trade, renegotiating the trade deals. We think those three things together will create sustained economic growth of 3 percent or

We've talked about putting infrastructure and tax together, I think we're probably not going to do

The purposes of the orders are to make clear what the president's and the administration's priorities are and to signify the importance of these issues to the American

We are taking all deductions out other than mortgage interest and charitable

We just don't think it works in the current

Let me be clear: This is for small businesses, not a loophole for rich people to lower their tax

We've been working on this plan for a considerable amount of

The president has no intention. The president has released plenty of information and I think has given more financial disclosure than anybody else. I think the American population has plenty of

We don't think it works in its current

Our objective is to make US businesses the most competitive in the world. Right now we have a 35 per cent corporate rate on worldwide income and deferral. It is perhaps the most complicated and uncompetitive business rate in the

It will be a very competitive rate that will bring back trillions of

It's not the federal government's job to be subsidizing the

This is going to be the biggest tax cut and the largest tax reform in the history of our

What this is not going to be is a loophole to let rich people who should be paying higher percents pay 15 percent. The goal is to make it permanent but, if we have them for 10 years, that's better than nothing. We like hard challenges–that's why the president's

What we think is important is small business, and we are committed that small business, owner operators will have the benefit of the business rate. What this is not going to be is a loophole to let rich people who should be paying higher rates pay 15

Our objective is simplifying personal

We're committed to working, getting this thing done, getting everyone in the room, and getting this thing

What this is about is creating job and economic

The deficit is a problem and the president is concerned about

We want to move as fast as we can. This bill is about creating economic growth and

One of the things I do in my job is oversee the IRS, Internal Revenue Service, which reports to the treasury. The tax code is just way, way, way too complicated. And we want to create a system where the average American can do their taxes on a postcard not a major

You could have as high as a $2 trillion difference in revenues depending on what you think is going to be the growth function. The plan will pay for itself with

Under dynamic scoring, this will pay for itself. Under static scoring, there will be short-term

The tax reform will pay for itself with economic

I think the purposes of the orders are to make clear what the president and the administration's priorities are and to signify the importance of these issues to the American

We take Syria's disregard for innocent human life very seriously, and will relentlessly pursue and shut down the financial networks of all individuals involved with the production of chemical weapons used to commit these atrocities. The United States is sending a strong message with this action that we will hold the entire Assad regime accountable for these blatant human rights violations in order to deter the spread of these types of barbaric chemical

These sweeping sanctions target the scientific support center for Syrian dictator Bashar al-Assad's horrific chemical weapons attack on innocent civilian men, women, and

The plan will pay for itself with

I think in many areas there has been too much regulation that has really hurt our business. The President believes in reciprocal trade deals, and reciprocal free trade. What's not free and fair is if our market is open but other people either have high tariffs or have high import barriers and non-tariff barriers and that creates one-sided issues. The tax code is just way, way too complicated, and we want to create a system where the average American does their taxes on a [big] postcard not a major

Part of my job is ensuring that we have proper regulation, but ensuring that we don't have conflicting regulation. I think after the financial crisis there was need for new regulation, but we've just gone too far in the other

We're looking for reforms that will pay for themselves with growth. Under dynamic scoring, this will pay for itself, under static scoring, there'll be short term issues. The tax code is way, way, way too complicated. We want to create a system where the average American can file a tax code on a big

In our view, excessively large trade surpluses, like excessively large trade deficits, are not conducive to supporting a free and fair trading

The United States is probably the most open trading market there is. We want to create a system where the average American can do their taxes on a postcard, not a book. Maybe a big postcard, but you can still stick it in the

We look to the IMF to highlight where surplus countries can more forcefully contribute to support symmetric adjustment in pursuit of a fairer global

In consultation with President Donald J. Trump, the Treasury Department will not be issuing waivers to U.S. companies, including Exxon, authorizing drilling prohibited by current Russian

Let me make it absolutely clear: President Trump is absolutely committed to make sure that taxpayers are not at risk for government bailouts of entities that are too big to

The president wants to get health care done and he wants to get tax done. Hopefully we're going to get both done, but we're going to get tax

This administration is willing to reach out and get ideas from the

This has to do with the complexity of tax regulations. The president wants to make clear to the American people that we are going to fix the tax

To manipulate a currency you have to be doing it to disadvantage the United States. To the extent that you manipulate a currency that advantages the United States that is not currency manipulation. Absolutely not. Absolutely not. We think this is primarily a European issue, although it is something we are monitoring because it is important to the world economy and world financial markets. A full separation would clearly create very big issues for liquidity in the financial

I don't expect this just to be repeat of previous

As the world's currency, the primary reserve currency, I think that over long periods of time the strength of the dollar is a good thing. It's a function of the confidence and the strength of the US

The president was making a factual comment about the strength of the dollar in the short term . . . There's a big difference between talk and action. Economic growth creates lots of revenues. When you calculate whether it is deficit-neutral or not, there are a bunch of different calculations and a bunch of models. I am just pointing out the magnitude of what economic growth does. This is an important part of what we are doing. They are in the process of being cleared to roll out. These sanctions programmes are extremely important. It is one of the most important parts of my

An essential component of this administration's strategy is to ensure that American workers and companies face a level playing field when competing

When our trading partners engage in currency manipulation, they impose significant, and often long-lasting hardship on American workers and businesses. Expanding trade in a way that is freer and fairer for all Americans requires that other economies avoid unfair currency practices, and we will continue to monitor this

It's very, very hard to compete when you have a strong dollar and other countries are devaluing their

We focused on the desire to have very specific action items both in the short term for the next time we get together, as well as what the goals are over the

We expect that those (sanctions) will continue to have an important effect on preventing people from doing business with them. These sanctions are very important and we will use them the maximum

We have a process within Treasury where we go through and look at currency manipulation across the board. We'll go through that process. We'll do that as we have in the past. We're not making any judgments until we continue that

They are going to, along with me, put on a group of 20 people, 20 to 25 people on a commission. We're going to run projects through them. And they will have great expertise in that room. We'll have it from both coasts, and right down the middle. We're going to have representatives from various parts of the country that are all are very, very successful in terms of

Today's sanctions are aimed at disrupting the networks and methods that the Government of North Korea employs to fund its unlawful nuclear, ballistic missile, and proliferation programs. I urge our partners and allies to take similar measures to cut off its

But you should all send your kids to Lego

We've spent the money, so the concept of the debt limit is somewhat of a ridiculous concept. I think everybody understands, whether you're a Republican or a Democrat, we need to raise the debt limit, and that's something we're going to do. And that the full faith and credit of the United State is the most important

Health care is a very, very complicated issue. [Tax reform's] a lot

I think that is so far in the future – in terms of artificial intelligence taking over American jobs – I think we're, like, so far away from that that. Not even on my radar

I think that is so far in the future – in terms of artificial intelligence taking over American jobs – I think we're, like, so far away from that [50 to 100 years], that it is not even on my radar

To the extent that we add resources, we can collect more

We're able to take the tax code and redesign things and I think there is very, very strong

Health care is a very complicated issue. In a way, tax reform is a lot simpler. We are not cutting this up and doing little pieces at a time. The consequence is that the market could go up

Health care and tax reform are two very different things. Health care is a very, very complicated issue. In a way, [tax changes are] a lot simpler. It really is. We're working towards that as a goal. Don't hold me to it at the penny, but that is the direction we're heading, absolutely. We want to get [tax rates] a lot lower than we are now. We've been working the last two months on tax reform. This is something we are designing from scratch and running through a lot of scenarios. We would not have been ready…but now we

As long as we can renegotiate deals that are good for us, we won't be protectionist. Otherwise, we will. Everybody understands that the debt ceiling will be

We're in an environment where there's very attractive investment opportunities in the U.S., and I think that's reflective of the administration's goals and what the market thinks of

This is my first G20, so what was in the past communiqué is not necessarily relevant from my standpoint. I understand what the president's desire is and his policies, and I negotiated them from here. I couldn't be happier with the outcome. We believe in free trade, we are in one of the largest markets in the world, we are one of the largest trading partners in the world, trade has been good for us, it has been good for other people. Having said that, we want to re-examine certain

I understand what the president's desire is and his policies and I negotiated them from here, and we couldn't be happier with the outcome. We are working to strengthen the contribution of trade to our economies. My primary focus is on economic growth in the United States. I think that economic growth in the United States is good for us and good for the other major economies in the

We are going to look to our counterparts to continue to trade, but to look to have more balanced trade. That means over time reducing our trade deficits. I think we can do that in a way that's good for the American worker, that's good for our companies, and that's good for our

Balanced trade has to be what's good for us and what's good for other people. It has to be a win-win

It is not our desire to get into trade wars. It is our desire to deal with where there is imbalance in certain trading relationships, that we have a means to address that. And that's something that is important. If you look at our economic policies again, it makes sense for us to readdress certain

Our objective is getting more balanced trade

It is not our desire to get into trade wars. The president does believe in free trade but he wants free and fair

Any reductions we have in upper-income taxes would be offset by less deductions, so there would be no absolute tax cut for the upper

As I said in my confirmation hearing, honoring the full faith and credit of our outstanding debt is a critical commitment. I encourage Congress to raise the debt limit at the first opportunity so we can proceed with our joint

As I said in my confirmation hearing, honoring the full faith and credit of our outstanding debt is a critical commitment. I encourage Congress to raise the debt limit at the first opportunity so that we can proceed with our joint

As I said in my confirmation hearing, honoring the full faith and credit of our outstanding debt is a critical commitment. I encouraged Congress to raise the debt limit at the first opportunity so that we can proceed with our joint

To the extent we think the Export-Import Bank can be competitive in helping small and medium-sized businesses, that's something that is

Let me first clarify, we are not taking away the charitable deduction and we are leaving the mortgage interest deduction as is. We think those are both very, very important. But what we are going to do is we are looking at other things where the reduction in deductions will offset the

We're reaching out to business, not just big business but small- and medium-sized businesses also, and we're listening to what people have to

This is something we are studying very carefully. There's certain aspects that the president likes about the concept of a border adjusted tax; there are certain aspects that he's very concerned

We have a process within Treasury where we go through and look at currency manipulation across the board. And we'll go through that process. We'll do that as we have in the past, and we're not making any judgments until we continue that

We are not touching those now. So don't expect to see that as part of this budget, OK. We are very focused on other aspects and that's what's very important to us. And that's the president's

I certainly support a form of tax on the

The administration is listening to an array of businesses that are concerned about the impact of the tax on their profits. We understand the concerns, we understand where people are, and we're going to have a plan that addresses these

I think there is a win-win result for us and Mexico on this. We've got to do things that are good for us and good for

We think we're going to create significant amounts of growth and that's going to create jobs, create tax revenues. That's going to stimulate the

My guess is that our growth assumptions will be higher than what they use to score the

I think it's going to take time to get there. By the time we pass tax reform, you see the impact on the economy, you see the impact of regulation, it's definitely going to take into next year to see an engine of

We think there are some concerns about

As I've said before, we're primarily focused on a middle-income tax cut and simplification for business. What we are focused [on] is that on the high end, if there are tax cuts, that they are offset with [a] reduction of deductions and other things. So it's something we're going to carefully look at. We haven't finalized the plan, but our objective and what I said before still stands. You know, kind of the devil is in the details when we run the

This is a mark-to-market business, and you see what the market

My kids and others have encouraged me to have a new signature, so I've been practicing it so it'll be nice and neat on the

I think it's something we should seriously look at. I've already begun to talk to the staff about looking at that. We'll reach out to the market, investors, different people, but I think it's something that is a very serious issue of whether we should explore whether we can raise 50- or 100-year money at a very slight premium. That's something that makes sense for Treasury to look

We're not ready to make any formal announcement on whether we're going to have a 50-year or

There's trillions of dollars offshore that will come back, and this will create jobs (and) this will create investment and we need to make sure our U.S. businesses are

We are committed to pass tax reform. It's going to be focused on middle income tax cuts, simplification and making (the U.S.) business tax competitive with the rest of the world, which has been a big problem. We have underperformed where we need to be. We believe we can be competitive and get back to sustainable growth of 3 percent or more. We think there are some very interesting aspects of it. We think there are some concerns about it. We're working behind the scenes very carefully. We're running a lot of numbers and we're taking into account a lot of

We want to get this done by the August recess. We've been working closely with the leadership in the House and the Senate and we're looking at a combined

We're looking at significant economic

I did not use a Cayman Island entity in any way to avoid taxes for myself. There was no benefit to

A bright line between commercial and investment banking, although less complicated, may inhibit the necessary lending and capital markets activities to support a robust

As Chair of FSOC I would plan to address the issue of the definition of the Volcker Rule to make sure that banks can provide the necessary liquidity for customer markets and address the issues in the Fed

If confirmed, I intend to review the issue of Chinese currency manipulation. Currency manipulation is a serious infraction of free trade principles and needs to be effectively addressed. As Treasury Secretary, I will ensure that we defend American jobs by combating currency devaluation utilizing the reporting and monitoring functions of the Treasury and legislative processes established by

The U.S. currency has been the most attractive currency to be in for very long periods of time. I think that's important, and I think you see that now more than

I think most people acknowledge NAFTA was negotiated a long time ago, that we should reopen this

I believe (Fannie Mae and Freddie Mac) are very important entities to provide the necessary liquidity for housing finance. But we need housing reform. We should not just leave Fannie and Freddie as is for the next four years under government control without a

The president-elect has made it very clear that he would only change those sanctions if he got, quote, a better deal and we would get something in

We believed in loan modifications, and we were financially incented to (provide) them when we

I can assure that as chairman of the bank, I took these issues very seriously. There were mistakes. We regret those mistakes. We had hundreds of thousands of delinquent

That was a terrible situation. We worked very, very hard to move her to another home that they could

To the extent there were any errors, I am sorry for

Since I was first nominated to serve as Treasury secretary, I have been maligned as taking advantage of others' hardships in order to earn a buck. Nothing could be further from the

On the contrary, I was committed to loan modifications intended to stop foreclosures. I ran a 'Loan Modification Machine.' Whenever we could do loan modifications, we did

Unfortunately, not all of the homes could be saved through these programs, and despite my best efforts, some were, sadly, subject to

What I've really been focused on is being a regional banker for the last eight years. I know what it takes to make sure that we can make loans to small and midmarket companies and that's going to be our big focus, making sure we scale back regulation so that we make sure the banks are

We'll cap the mortgage interest, but we'll allow some

When we work with Congress and go through this, it will be very clear. This is a middle-income tax cut. And the child-care credit is a big aspect of

We'll look at potentially extending the maturity of the debt because eventually we are going to have higher interest

Have come up a little bit, which I think makes

Our most important priority is sustained economic growth, and I think we can absolutely get to sustained 3 to 4 percent GDP, and that is absolutely critical for the

We've been in the business of regional banking and we understand what it is to make loans. That's the engine of growth to small- and medium-sized

In addition to simplifying the law, we want to strip back parts of Dodd-Frank that prevent banks from

There will be 'no absolute tax cut for the upper

By cutting corporate taxes, we're going to create huge economic growth and we'll have huge personal income, confirming he has been tapped for treasury

By cutting corporate taxes, we're going to create huge economic growth and we'll have huge personal

We're thrilled to work for the president-elect and honored to have these

We are very focused on lowering business taxes, making sure that U.S. corporations are competitive around the world, bringing back cash from all around the world that's sitting offshore and I think the American public is focused on

I'd say the economic priorities are clearly taxes, regulatory, trade,

We've been fundraising for two months and she's been fundraising for 20

We target to raise at least a million dollars per event. Clinton does a lot of smaller events – we don't do

An investment in Donald Trump is an investment in our future with economic growth, job creation, and financial and physical security for all

We had no fundraising effort whatsoever, and in five weeks with very broad support, you see how we're

This campaign and this election is all going to come down to two things: national security and the economy. I'm absolutely convinced he has plans on both to make this country

Donald financed the campaign ahead of time, so there was no reason to have extra cash in the

We've really ramped up the effort this month. We've had some successful events in New York ... [and] those events have raised approximately $10 million in conjunction with the

[Trump] loaned $50 million to the campaign. He's now forgiven that loan. So that is a contribution. [Trump] has also said he will contribute significantly more

They're not going to replace [Lewandowski], per se. Paul is overall managing the strategy of the campaign. The campaign is in transition and

We've done about $6 million. [In] the first email that went out Monday, Donald matched $2 million

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