Tag Archives: Steve Mnuchin

Mnuchin Defies House Subpoena For Trump’s Taxes

Fortune reports: Treasury Secretary Steven Mnuchin has rejected House Ways and Means Chairman Richard Neal’s subpoena for six years of President Donald Trump’s personal and business tax returns. Now, Neal will likely turn to the courts, embarking on a lengthy battle that could help define Congress’ powers to oversee the executive branch. In a letter denying Neal’s subpoena, Mnuchin on …

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Mnuchin: Courts Will Decide Battle On Trump’s Taxes

Roll Call reports: Treasury Secretary Steven Mnuchin said Wednesday he expects the courts will resolve the conflict between the administration and House Ways and Means Chairman Richard E. Neal over the release of President Donald Trump’s tax returns. “This will go to the third branch of government to be resolved,” Mnuchin said during questioning before the Senate Appropriations Financial Services …

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House Committee Issues Subpoena For Trump’s Taxes

CNN reports: House Ways and Means Committee Chairman Richard Neal has issued subpoenas for President Donald Trump’s tax returns, the committee told CNN on Friday, an escalation in the fight for the President’s personal financial records and the latest step this week in Democrats’ fight for information from the Trump administration. Neal sent subpoenas to both IRS Commissioner Charles Rettig …

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Mnuchin Refuses US House Request For Trump’s Taxes

The Washington Post reports: Treasury Secretary Steven Mnuchin on Monday told House Democrats he would not furnish President Trump’s tax returns despite their legal request, the latest move by Trump administration officials to shield the president from congressional investigations. Mnuchin, in a letter to House Ways and Means Committee Chairman Richard Neal (D-Mass.), said he had consulted with the Justice …

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Steve Mnuchin To Hire Fox Plagiarist As Treasury Spox

Splinter News reports: The Trump administration-Fox News ouroboros rolls on unimpeded this week, with a report that Treasury Secretary Steve Mnuchin plans to hire former Fox personality Monica Crowley as his new spokeswoman. Citing “people familiar with the matter,” Bloomberg reported on Wednesday that Mnuchin is preparing to hire Crowley as a replacement for outgoing spokesman Tony Sayegh, who had …

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Treasury Won’t Comply With Dems On Trump’s Taxes

Axios reports: The Treasury Department said on Wednesday evening that it would not immediately comply with a congressional request to hand over President Trump’s tax returns, setting up a protracted legal battle between two branches of government. Steven Mnuchin, the Treasury secretary, said in a letter to Representative Richard E. Neal, the Democratic chairman of the House Ways and Means …

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Dems Demand Treasury Docs On How Mnuchin Decided To Lift Sanctions On Russian Oligarch Tied To Manafort

The Associated Press reports: Three senior House Democrats are demanding Treasury Secretary Steven Mnuchin turn over documents that would show how his department decided to lift financial sanctions against three companies connected to Russian oligarch Oleg Deripaska. Reps. Adam Schiff, Maxine Waters and Eliot Engel say in a letter sent Tuesday to Mnuchin that they want a broad array of …

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REPORT: Trump Might Fire Treasury Sec. Steve Mnuchin

Bloomberg reports: President Trump has weighed dismissing Treasury Secretary Steven Mnuchin, a source familiar with the president’s thinking told Bloomberg News. Another source told Bloomberg said that Mnuchin’s future at the helm of the Treasury Department depends on whether the market continues to drop. Trump’s unhappiness with his treasury chief was reported the day after Mnuchin released a statement seeking …

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Steve Mnuchin Calls Market “Plunge Protection Team”

Reuters reports: U.S. President Donald Trump’s Treasury secretary called top U.S. bankers on Sunday amid an ongoing rout on Wall Street and made plans to convene a group of officials known as the “Plunge Protection Team.” U.S. stocks have fallen sharply in recent weeks on concerns over slowing economic growth, with the S&P 500 index .SPX on pace for its …

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Trump Furious With Steve Mnuchin Over Plummeting Stock Market: If He’s So Good, Why Is This Happening?

The Hill reports: President Trump has been expressing dissatisfaction with Treasury Secretary Steven Mnuchin, the Wall Street Journal reported Friday. Trump reportedly blames Mnuchin for backing Federal Reserve chairman Jerome Powell and for recent volatility in the stock market. The president has publicly sounded off on Powell’s decision to raise federal interest rates, claiming that it’s endangering the country’s economic …

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Steve Mnuchin To Attend Saudi Anti-Terror Conference

The Washington Post reports: Treasury Secretary Steven Mnuchin has decided to take part in an anti-terror finance meeting with Saudi security officials and their Middle Eastern counterparts in Riyadh later this month, opting to attend despite growing global outrage over the suspected murder of a U.S.-based journalist at the hands of Saudi operatives, according to three people familiar with his …

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Mnuchin Bails On Saudi Arabia Finance Conference

Talking Points Memo reports: Treasury Secretary Steven Mnuchin announced Thursday that he will not attend an upcoming conference in Saudi Arabia amid the fallout from the disappearance of journalist Jamal Khashoggi. Mnuchin has been facing mounting pressure to pull out of the conference following the disappearance of Khashoggi, a U.S..-based Saudi journalist, after he entered the Saudi consulate in Istanbul …

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Mnuchin To Attend Saudi Arabia Investment Conference Despite Apparent Murder Of Washington Post Reporter

The Washington Post reports: Treasury Secretary Steven Mnuchin said Friday that he still plans to attend a major investment conference in Saudi Arabia this month despite mounting evidence that Washington Post columnist Jamal Khashoggi was killed inside the Saudi consulate in Istanbul. “We are concerned about what is the status of Mr. Khashoggi,” Mnuchin said during an interview on CNBC. …

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ROBBER BARONS: Trump Administration Mulls $100B Unilateral Capital Gains Tax Cut For The Super Wealthy

The New York Times reports: The Trump administration is considering bypassing Congress to grant a $100 billion tax cut mainly to the wealthy, a legally tenuous maneuver that would cut capital gains taxation and fulfill a long-held ambition of many investors and conservatives. Steven Mnuchin, the Treasury secretary, said in an interview on the sidelines of the Group of 20 …

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Treasury Department Hits Five Russian Companies With Sanctions For Cyberattacks And “Malicious Activities”

ABC News reports: The Trump administration on Monday slapped sanctions on several Russian companies and businessmen for engaging in cyberattacks and assisting Russia’s military and intelligence services with other malicious activities. The Treasury Department said it was imposing sanctions on five Russian firms and three of their executives under legislation passed last year and an executive order aimed at punishing …

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ISRAEL: Ivanka, Jared, And Steve Mnuchin Arrive For Opening Of New US Embassy In Jerusalem [VIDEO]

The BBC reports: US President Donald Trump’s daughter Ivanka and her husband, Jared Kushner, have arrived in Israel ahead of the opening of the new US embassy in Jerusalem on Monday. The couple – both senior White House advisers – will attend the ceremony. Mr Trump himself will not be there. His decision to move operations from Tel Aviv angered …

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REVEALED: Mnuchin Spent $1M On Military Flights

The Hill reports: Treasury Secretary Steven Mnuchin spent nearly $1 million on seven military aircraft trips between the spring and fall of 2017, according to documents gathered by Citizens for Responsibility and Ethics in Washington (CREW). CREW sued for records following a highly publicized trip Mnuchin and his wife Louise Linton took to Fort Knox, Ky., in August. The trip, …

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Mnuchin: Trump’s Rally Vulgarities Are “Funny” [VIDEO]

At last night’s rally in Pennsylvania, Glorious Leader ranted about “Pocahontas” Elizabeth Warren, “very low IQ” Maxine Waters, and “sleepy son of a bitch” Chuck Todd, among many other typical Trump attacks.  At one point, Trump even hushed boos of Kim Jong-Un while encouraging the crowd to boo the reporters in the back of the room. Today Treasury Secretary Steve …

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EXPOSED: Trump Administration Lifted New Warning List Of Russian Oligarchs From Forbes’ Richest Ranking

Buzzfeed News reports: The striking similarity between a newly-released Treasury Department report of Russian oligarchs and a 2017 list of wealthy Russians published in Forbes Magazine is no coincidence. On Tuesday, a Treasury Department spokesperson confirmed to BuzzFeed News that the unclassified annex of the report was derived from Forbes’ ranking of the “200 richest businessmen in Russia 2017.” The …

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Mnuchin Walks Back Comments That Cratered Dollar

CNBC reports: Treasury Secretary Steven Mnuchin said Thursday he spends little time thinking about dollar weakness over the short term, walking back his comments that sent the U.S. currency reeling amid fears of a trade war. Speaking during a CNBC-moderated panel at the World Economic Forum in Davos, Mnuchin said dollar weakness in the short term was “not a concern …

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