We're already sitting down and discussing this with Congress, and this is going to be something that happens absolutely within the first 90 days of this presidency. We're going to have a major tax reform, biggest tax reform since Reagan. And it's not just going to be a cut in corporate taxes, but it's also going to be a very large middle income tax cut that's going to help this country.

Steve Mnuchin

Categorized in : Opinion

We wouldn't reach an agreement without the President being fully onboard, he's fully briefed on all our conversations.

Steve Mnuchin

politics

This is an exaggeration, the president has been clear, with us and with others, he has concerns about the WTO, he thinks there's aspects of it that are not fair, he thinks that China and others have used it to their own advantage, but we are focused on free trade. That's what we're focused on - breaking down barriers.

Steve Mnuchin

business

There's no breaking news here ... it's not right.

Steve Mnuchin

business

I can assure you that we are not going to do anything that wipes out all those benefits or does anything that has a significant risk on growth.

Steve Mnuchin

business

The average American should be able to do his taxes on a large post card.

Steve Mnuchin

politics

We've really ramped up the effort this month.

Steve Mnuchin

politics

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

Steve Mnuchin

think growth important country

From time to time, an excessively strong dollar may have negative short-term implications on the economy.

Steve Mnuchin

economy strong time negative

One of the big problems we had during the financial crisis was the intermingling of banks and holding companies and complex securities.

Steve Mnuchin

problems big crisis financial

I ran a 'loan modification machine.'

Steve Mnuchin

machine modification ran loan

The way to reduce the debt is by economic growth.

Steve Mnuchin

economic-growth debt growth way

Any time I hear 'border adjustment,' I don't love it. Because usually it means we're going to get adjusted into a bad deal.

Steve Mnuchin

border bad time love

We were the first bank to start a loan modification at IndyMac and had a very good record of working with the regulators.

Steve Mnuchin

bank first start good

My No. 1 priority is growth in the economy. Tax reform will be our first and most important part of that.

Steve Mnuchin

will economy growth important

I felt great empathy for the thousands of Americans who lost their home because of a system that failed them.

Steve Mnuchin

great empathy home lost

Any reductions we have in upper-income taxes will be offset by less deductions so that there will be no absolute tax cut for the upper class.

Steve Mnuchin

cut tax will class

The most troubling loan we had was actually to the 'Octomom'. That was a terrible situation, and we worked very, very hard to move her to another home that they could afford.

Steve Mnuchin

her hard situation home

Separating out banks and investment banks right now under Glass-Steagall would have very big implications to the liquidity and the capital markets and banks being able to perform necessary lending.

Steve Mnuchin

big being now investment

I did not use a Cayman Island entity to avoid paying taxes for myself.

Steve Mnuchin

avoid island myself use

I've been focused on the West Coast economy and being a banker and lending in these markets.

Steve Mnuchin

been being focused economy