Steven Mnuchin has a stern warning for Congress: You could blow up the stock market if you fail to cut taxes. The Treasury secretary, in the first episode of the “POLITICO Money” podcast, said Wall Street’s big run-up following the election of President Donald Trump is largely based on expectations of Congress passing a major tax-relief bill, and failure to do so could have significant consequences.
Treasury Secretary: Pass A Tax Bill Or Markets Will Tank
bwhite@politico.com (Ben White), Politico
Wed, 10/18/2017 - 2:04am
Topics: steven mnuchin congress politico money wall street s president donald trump dow if republicans greg valliere horizon investments senate white house i ve august gop s york california pressed twitter president trump s the treasury i m los angeles lakers kobe bryant shaquille o neal l.a u.s puerto federal reserve jerome powell kevin warsh stanford john taylor national economic council director gary cohn janet yellen asked yellen on hamilton mnuchin i mnuchin mnuchin treasury politico money wall street trump trump democrats i m alexander hamilton trump s lakers on rico fed taxes people fact percent pay year states market stock tweets comment cuts hard top years major governor podcast wealthy read good day overhaul meet sports team monday guy great government lot estate
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