In closing, Sen. Ron Wyden, D-Ore., hit Mnuchin again for failing to disclose almost $100 million in Cayman Islands real estate funds. "This was not self-corrected," said Wyden. "My staff had to tell you."
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Jan 19, 2017 · In closing, Sen. Ron Wyden, D-Ore., hit Mnuchin again for failing to disclose almost $100 million in Cayman Islands real estate funds. “This …
Jan 20, 2017 · In closing, Sen. Ron Wyden, D-Ore., hit Mnuchin again for failing to disclose almost $100 million in Cayman Islands real estate funds. “This …
In closing, Sen. Ron Wyden, D-Ore., hit Mnuchin again for failing to disclose almost $100 million in Cayman Islands real estate funds. "This was not self-corrected," said Wyden. "My staff had to ...
Jan 19, 2017 · Mnuchin Omits $100 Million in Assets, Says It's 'Quite Complicated' Steven Mnuchin waded into an unexpectedly murky swamp on Thursday: answering for undisclosed interests and millions of dollars ...
Jan 20, 2017 · 16.54 EDT. Valium and banking ethics: Steven Mnuchin’s confirmation hearing. Steven Mnuchin, the hedge fund millionaire Donald Trump has picked to run the US treasury, failed to disclose nearly ...
government. “In the press, it has been said that I ran a foreclosure machine,” Mnuchin said.
Mnuchin said his offshore bank accounts in the Cayman Islands were used only to benefit nonprofits and pension funds and were allowable by law. Regarding the omission about his position in a shell company, Mnuchin claimed the mistake was an oversight.
One senator claimed that Trump’s economic plan would increase the nation’s debt by an estimated $7.2 trillion over 10 years, a statement Mnuchin disputed based on “dynamic” scoring. “Trump has a pro-economic-growth tax plan, and we are sensitive to the cost of that plan,” Mnuchin said.
Sen. Tom Carper, D-Del., grilled Mnuchin over Trump’s pledges to impose a high tariff on goods imported from Mexico. Mnuchin replied that the North American Free Trade Agreement should be reopened but that he was “optimistic that we can renegotiate a deal that’s advantageous to us and to Mexico.”.
Mnuchin indicated that he would support raising the debt ceiling if necessary to avoid a U.S. default. “I firmly believe that the U.S. has to honor its debt,” Mnuchin told the committee, despite previous statements made by Trump that the U.S. could renegotiate its debts or print more money.
On Wednesday, Senator Elizabeth Warren accused Mnuchin of making millions at OneWest by “grinding families into the dirt”. Warren held a press conferences with four women who had loans with Mnuchin’s former firm and who had either lost their home or were in danger of being evicted.
Steven Mnuchin, the hedge fund millionaire Donald Trump has picked to run the US treasury, failed to disclose nearly $100m in assets to Congress, including his role as a director of offshore funds and close to $1m in art owned by his children.