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steve mnuchin, the gentleman who largely wrote the president-elect's tax plan when we talk about this message of economic populism, how we get the moneaway from the wall street power centers and get it back to people. we talk about wilbur ross who crafted the president-elect's trade policies of how we're putting together deals that work for american workers. these are the president-elect's view points, that's what they'll be executing and these guys have been winners wherever they've gone so they've gone out and created jobs. you talk about steve mnuchin has been successful as a finance year, abacker, even a movie producer, you talk about wilbur ross who's made more good deals than hmm anybody out there. heck the president-elect talked about the art of the deal and the fact that wilbur ross is the embodiment of that because we'll make good deals for american workers and the fact that someone like wilbur ross who was the only steel company executive -- >> i know you have to say this but you're basically defending the very stuff trump ran against, whether it was bob rubin under clinton,
steve mnuchin, the gentleman who largely wrote the president-elect's tax plan when we talk about this message of economic populism, how we get the moneaway from the wall street power centers and get it back to people. we talk about wilbur ross who crafted the president-elect's trade policies of how we're putting together deals that work for american workers. these are the president-elect's view points, that's what they'll be executing and these guys have been winners wherever they've gone so...
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steve mnuchin talked about gdp growth. they have a concrete plan in place. he talked to gdp going to 3 to 4%. it moves needle a year oh two with earnings and with the entire economy. gary: i argued this week that mnuchin having been a trader on wall street and having run the mortgage operations at golden action, that's positive. he understands how the capital markets work. if we are going to get this kind of growth trish was talking about we'll need the markets to function in a her fluid way than they have in recent years. >> one of the concerns i had when george w. bush was president, some of his treasury picks didn't have wall street experience. but thank god you had hang paulson when the crisis hit. having wall streeters in the treasury area. i know some people don't like that, but you need people are knowledge and experience in markets. otherwise you are doing it straight out of the academic classes. i'm canadian and i didn't vote for nick in this election. i'm not even allowed to vote in canada. but the concept of having thoughtful people who have been
steve mnuchin talked about gdp growth. they have a concrete plan in place. he talked to gdp going to 3 to 4%. it moves needle a year oh two with earnings and with the entire economy. gary: i argued this week that mnuchin having been a trader on wall street and having run the mortgage operations at golden action, that's positive. he understands how the capital markets work. if we are going to get this kind of growth trish was talking about we'll need the markets to function in a her fluid way...
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Dec 10, 2016
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. >> now, gary cohn is the third goldman sachs alum, steve bannon and steve mnuchin both worked there before striking out on their own. jones joins a wealthy list of plutocrats. contrary to trump's claim of not needing donors' money "the washington post" reports that he's given positions to six donors who gave $12 million to the trump campaign and the republican party. i talked to a trump voter who lost her home during the financial crisis when it was foreclosed on by a bank owned at the time by steve mnuchin, trump's pick to oversea the treasury secretary. >> we believed trump would be an outsider for the first time who would work for the people like his campaign promised. my only special interest, he's quoted as saying, is to you the american people, not major donors, the party or corporations. now we want him to prove it. he said he was going to drain the swamp. now he's filling it with alligators like mnuchin. >> the more we learn about trump's one real win so far on behalf of american workers, the deal to save jobs at a carrier plant in indianapolis, the less it looks like an out
. >> now, gary cohn is the third goldman sachs alum, steve bannon and steve mnuchin both worked there before striking out on their own. jones joins a wealthy list of plutocrats. contrary to trump's claim of not needing donors' money "the washington post" reports that he's given positions to six donors who gave $12 million to the trump campaign and the republican party. i talked to a trump voter who lost her home during the financial crisis when it was foreclosed on by a bank...
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Dec 8, 2016
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steve mnuchin's hedge fund also lent money to the project.08, at the height of the financial crisis, a big payment came due. >> we're talking $330 million dollars payment that was due, he just decided he didn't want to pay it. he sued deutsche bank as well as all the other lenders, including steve mnuchin's dune capital, claiming that he didn't have to pay the money back because an act of god had occurred, this financial crisis, caused by the very people who lent him the money for this project, and therefore he didn't have to pay it back. so, the one firm on wall street that would do business with him he turns around and sues. >> reporter: cohan worked on wall street for 17 years, and has been writing about it ever since, in best sellers like "the last tycoons," "house of cards," and that book on goldman sachs, "money and power." he's interviewed donald trump for magazine articles. what was he like to interview? >> very charming, very funny, he once, you know, told me i had a great head of hair, like him, by the way one thing that i talked to
steve mnuchin's hedge fund also lent money to the project.08, at the height of the financial crisis, a big payment came due. >> we're talking $330 million dollars payment that was due, he just decided he didn't want to pay it. he sued deutsche bank as well as all the other lenders, including steve mnuchin's dune capital, claiming that he didn't have to pay the money back because an act of god had occurred, this financial crisis, caused by the very people who lent him the money for this...
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steve mnuchin, the gentleman who largely wrote the president-elect's tax plan. we talk about this message of economic populism. how to get it away from the power centers and get it back to people. we talk about wilbur ross. how to put together deals with work for american workers. these are the president-elect's viewpoints. these guys have been winners wherever they've gone. they're the one who's have gone out and created jobs. you talk about steve mnuchin who is very successful as financier, a banker, a hollywood good producer. wilbur ross who has made more good deals than almost anyone out there. he talked about the art of the deal and that wilbur ross, who is the only -- >> you're basically defending the very stuff that trump ran against. did you understand clinton, the wall street guy, goldman sachs guy, under that president obama. another guy from wall street. and you said you're going to run against. that you advertised to regular people in youngstown, ohio, you wouldn't be part of that. and here you are dressing up your administration with the same kinds
steve mnuchin, the gentleman who largely wrote the president-elect's tax plan. we talk about this message of economic populism. how to get it away from the power centers and get it back to people. we talk about wilbur ross. how to put together deals with work for american workers. these are the president-elect's viewpoints. these guys have been winners wherever they've gone. they're the one who's have gone out and created jobs. you talk about steve mnuchin who is very successful as financier, a...
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you look at steve mnuchin and wilbur ross. they are savvy investors. he worked around the world in all kinds of companies. he knows how the system works. he has been critical of what he calls stupid and dumb trade deals in the past. you know, trump has surrounded himself with what he considers winners. those winners happen to be billionaires. >> the process continues. >> come back. get a cup of coffee. we'll talk more. >>> north carolina police officer will not face charges leading to protests and arrests overnight on the streets of charlotte. we are updating this as "early start" continues. .mstud if my office becomes a plane or an airport the... ...surface pro's perfect. fast and portable but also light. you don't do this 14 hours a day, 7 days a week... ...if you don't feel it in your heart. throughout my career in bridal and fashion, i have drawn my inspiration from around the globe. jared's commitment to quality and craftsmanship has helped bring my designs to life. each hand set ring in the vera wang love collection is my modern interpretation of
you look at steve mnuchin and wilbur ross. they are savvy investors. he worked around the world in all kinds of companies. he knows how the system works. he has been critical of what he calls stupid and dumb trade deals in the past. you know, trump has surrounded himself with what he considers winners. those winners happen to be billionaires. >> the process continues. >> come back. get a cup of coffee. we'll talk more. >>> north carolina police officer will not face charges...
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Dec 22, 2016
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i mean, steve mnuchin was a partner at goldman.is father was an important figure at goldman and he left to form a hedge fund. wilbur ross, same idea. a banker at rothchild, and then started his own buy-out firm. 20, 30 people. how about running a big organization? how about inspiring -- >> how about less? >> carl icahn, picking the head of the s.e.c. as apparently donald trump is going to allow him to do, if that's not putting the hen, the fox in the hen house, i don't know what it is. it's by definition the fox is now in the hen house. if you let carl icahn pick the head of the s.e.c., and he does not have to divest himself of his considerable $25 billion fortune, it's like trading on inside information. >> right there, carl icahn being able to influence policy making and doesn't have to divest any part of his business, how extraordinary is this? he can -- if he can influence the epa, he can directly impact his billions and billions of dollars that he's got invested in the market. >> stephanie, it's like trading on inside informat
i mean, steve mnuchin was a partner at goldman.is father was an important figure at goldman and he left to form a hedge fund. wilbur ross, same idea. a banker at rothchild, and then started his own buy-out firm. 20, 30 people. how about running a big organization? how about inspiring -- >> how about less? >> carl icahn, picking the head of the s.e.c. as apparently donald trump is going to allow him to do, if that's not putting the hen, the fox in the hen house, i don't know what it...
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far is populated with some billionaires and millionaires, his new pick for treasury secretary, steve mnuchin, spent nearly two decades at goldman sachs. anthony scaramucci, a billionaire who twice worked at goldman before going to trump's transition team being considered for a top post. political citing multiple sources is also reporting tonight "trump is considering goldman sachs president gary cohn for a senior administration job, possibly director of omb." former breitbart ceo steve bannon also a gold pan sax alum. it was donald trump who famously attacked hillary clinton for her connections to goldman. >> the banks have him. goldman sachs will call "ted, this is what we want this week, make sure you get it." hillary speaks in secret to goldman sachs, sharing a private position then lies to you, the public, with her public position. >> tonight we are learning more about who else could make up the trump cabinet, which brings us to our guests here tonight gop veteran former white house communications director and notably a veteran of the mccain/palin campaign nicolle wallace is become with
far is populated with some billionaires and millionaires, his new pick for treasury secretary, steve mnuchin, spent nearly two decades at goldman sachs. anthony scaramucci, a billionaire who twice worked at goldman before going to trump's transition team being considered for a top post. political citing multiple sources is also reporting tonight "trump is considering goldman sachs president gary cohn for a senior administration job, possibly director of omb." former breitbart ceo...
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steve mnuchin is the second goldman sachs banker trump has tapped for a position. incoming white house strategist steve bannon, a man who bragged about his forum breitbart, was the first. there are reports that gary cohn who met tuesday with donald trump could head up the office of management budget, as politico noted goldman sachs is poised for a return to power in the trump white house. joining me felix salmon. lloyd blankfein's face in that ad. >> and goldman sachs in particular. >> specifically goldman sachs and the fact if clinton had won because of sanders and warren, it would have been very hard for her to appoint any goldman people because they would have gone crazy. here we have two and possibly working on three. >> and then, of course, the lovely irony of bernie sanders and elizabeth warren who were campaigning so hard against all of trump's on the campaign trail and now they're upset he's breaking those promises. >> because everything feels like a bait and switch. when you run the ad that this very steve bannon inflected idea that it's the globalist pluto
steve mnuchin is the second goldman sachs banker trump has tapped for a position. incoming white house strategist steve bannon, a man who bragged about his forum breitbart, was the first. there are reports that gary cohn who met tuesday with donald trump could head up the office of management budget, as politico noted goldman sachs is poised for a return to power in the trump white house. joining me felix salmon. lloyd blankfein's face in that ad. >> and goldman sachs in particular....
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new treasury secretary nominee steve mnuchin says this is the example of donald trump making good of the promise. >> the president-elect and vice president-elect picked up the phone and said we want to keep jobs here. i can't remember the last time a president did that. >> reporter: we should point out the transition is not offering details on the deal. trump is scheduled to appear in cincinnati, ohio at a rally. a state he carried heavily on election day as part of his thank you tour as being elected. will and christine. >>> a lot of things we don't know about the carrier deal and with deals like this, of course, the devil is in the details. the transition team is keeping quiet on the incentives to save the jobs. cnn's martin savidge reports on the questions. >> reporter: good morning, will and christine. a lot of people looking forward to the visit of president-elect trump. most of them carrier employees who want to express their thanks. they have a lot of questions. it is not that they are not grateful. they are. there are 1,400 jobs here. 1,000 are talked about as being saved. th
new treasury secretary nominee steve mnuchin says this is the example of donald trump making good of the promise. >> the president-elect and vice president-elect picked up the phone and said we want to keep jobs here. i can't remember the last time a president did that. >> reporter: we should point out the transition is not offering details on the deal. trump is scheduled to appear in cincinnati, ohio at a rally. a state he carried heavily on election day as part of his thank you...
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that is the earth-shattering statement by trump's pick for treasury, steve mnuchin. dick bove on what the future holds for the two mortgage giants. we'll be right back. ♪ see me. see me. see me to know that psoriasis is just something that i have. i'm not contagious. see me to know that... ...i won't stop until i find what works. discover cosentyx, a different kind of medicine for moderate to severe plaque psoriasis. proven to help the majority of people find clear or almost clear skin. 8 out of 10 people saw 75% skin clearance at 3 months. while the majority saw 90% clearance. do not use if you are allergic to cosentyx. before starting, you should be tested for tuberculosis. an increased risk of infections and lowered ability to fight them may occur... ...tell your doctor if you have an infection or symptoms... ...such as fever, sweats, chills, muscle aches or cough. or if you have received a vaccine or plan to. if you have inflammatory bowel disease, tell your doctor if symptoms develop or worsen. serious allergic reactions may occur. see me. see me. see me. on my
that is the earth-shattering statement by trump's pick for treasury, steve mnuchin. dick bove on what the future holds for the two mortgage giants. we'll be right back. ♪ see me. see me. see me to know that psoriasis is just something that i have. i'm not contagious. see me to know that... ...i won't stop until i find what works. discover cosentyx, a different kind of medicine for moderate to severe plaque psoriasis. proven to help the majority of people find clear or almost clear skin. 8 out...
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sot steve mnuchin we're gonna have the most significant middle income tax cut since reagan, we're going to incorporate th program, so this is, this is gonna be a tremendous boost to the economy mnuchin who promised to focus on the american worker praised trump's deal with carrier to keep 1000 factory jobs in indiana, vp elect mike pence's home state. sot mnuchin called them and said we want to keep jobs here...i cant remember the last time a president did that trump is expected to release the details of the deal in indianapolis thursday. it's the first leg of his thank nats applause trump is still trying to decide on a secretary of state...sitting down for dinner with contender mitt romney who once called trump a con man. trump's white house chief of staff reince preibus on fox news. sot reince preibus when he makes the decision, it's the decision that's best for america regardless of background (kenneth standup close) trump's team hinted he is down to four secretary of state finalists...romney, senator bob corker, former cia director david petreaus and forme as for trump's business, ho
sot steve mnuchin we're gonna have the most significant middle income tax cut since reagan, we're going to incorporate th program, so this is, this is gonna be a tremendous boost to the economy mnuchin who promised to focus on the american worker praised trump's deal with carrier to keep 1000 factory jobs in indiana, vp elect mike pence's home state. sot mnuchin called them and said we want to keep jobs here...i cant remember the last time a president did that trump is expected to release the...
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steve mnuchin, trump's pick for treasury secretary, said he thought the deal was a terrific opportunity. (steve mnuchin, treasury secretary nominee) "the president-elect and the vice and called the ceo of the united technologies and told them we want to keep jobs here. can't remember the last time a president did that." the company also reportedly received financial incentives from the state of indiana to stay. pause for nats for three seconds. a frightening situation on a maine roadway yesterday. this snowplow truck caught fire on route 26 in gray -- causing several explosions. it happened in front of the maine warden service office. extinguisher but the flames were too intense. a volunteer fire crew arrived soon after and put out the fire. no one was hurt. happening right now... we're getting live images in from houston texas. you can see a building destroyed after police say this started as a fire and then the business exploded. no one was hurt and no other freezing conditions have arrived for the valley! until 8am, las vegas will be under a freeze warning with city wide temperatures
steve mnuchin, trump's pick for treasury secretary, said he thought the deal was a terrific opportunity. (steve mnuchin, treasury secretary nominee) "the president-elect and the vice and called the ceo of the united technologies and told them we want to keep jobs here. can't remember the last time a president did that." the company also reportedly received financial incentives from the state of indiana to stay. pause for nats for three seconds. a frightening situation on a maine...
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take for instance steve mnuchin.campaign chair, but nothing on the cd that will ingratiate him to voters. he is a yale man, goldman sachs partner, founded his own hedge fund and had a mortgage lender that foreclosed on tens of thousands of homeowners while his institution was receiving government support. he has also financed big hollywood blockbusters x-men,"g "avatar," " and a dozen of other movies. john: and then there is wilbur ross, a yale and harvard man. he became a billionaire investor. and he did help restructure one of trump's struggling casinos in the 1990's when donald trump was criticized for leaving average workers high and dry, and his work to rehabilitate companies to overseas investors has benefited from the free trade policies that donald trump promised to rein in. in and rossg, mnuch talked about what they want to accomplish. >> our number one priority is tax reform. this would be the largest tax change since reagan. we think by cutting corporate taxes that we will create huge economic growth and h
take for instance steve mnuchin.campaign chair, but nothing on the cd that will ingratiate him to voters. he is a yale man, goldman sachs partner, founded his own hedge fund and had a mortgage lender that foreclosed on tens of thousands of homeowners while his institution was receiving government support. he has also financed big hollywood blockbusters x-men,"g "avatar," " and a dozen of other movies. john: and then there is wilbur ross, a yale and harvard man. he became a...
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treasury nominee steve mnuchin spent 17 years at goldman sachs.hares of the investment bank giant soared 4% in trading yesterday, closing at levels the stock hasn't seen since december of 2007, before the financial crisis. president-elect trump has been highly critical of goldman sachs as recently as three weeks ago when he featured footage of ceo lloyd blankfein in his closing argument ad, invoking the global power structure that has robbed our working class. those are his words. and trump bashed his opponent's ties to the company so frequently that even his supporters adopted it as an attack. >> name one who had a million dollar judgment against you. >> donald trump -- >> self-funded. >> that's right. not you. >> so you like rich people who buy politicians? >> where's your goldman sachs jacket at? >>> well, there are more people angling for a role in the trump administration, including form e alaska governor and 2008 vice presidential nominee sarah palin. nbc news reports that the trump supporter is in early contact about a job. source did not s
treasury nominee steve mnuchin spent 17 years at goldman sachs.hares of the investment bank giant soared 4% in trading yesterday, closing at levels the stock hasn't seen since december of 2007, before the financial crisis. president-elect trump has been highly critical of goldman sachs as recently as three weeks ago when he featured footage of ceo lloyd blankfein in his closing argument ad, invoking the global power structure that has robbed our working class. those are his words. and trump...
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would mean. >> i think steve mnuchin was a savvy pick, will grounded in markets and understands howarkets work. there might be a little issue with him just because during his confirmation process, they will bring up the fact that he bought a failed lender in the middle of the housing crisis, but ultimately the confirmation il prettyhould sa smooth. anyone who isn't familiar with fame while trouble trying to figure out how to pronounce steve mnuchin's last name. up next, black friday drives the u.s. auto sales. why japanese carmakers are miles bond -- beyond the rest. this is bloomberg. ♪ u.s. auto sales on track for a seventh straight record year after beating estimates in november on the back of lying on black friday. something,ll me japanese and korean brands particularly did well. absolutely, yes. they all did pretty well, toyota, honda, nissan, hyundai, kia, they all exceeded the industry growth rates. overall, the month was off to a pre-election jitters affecting sales, but it seems they turned things around. we saw a positive month and a bit of a change from the recent trend o
would mean. >> i think steve mnuchin was a savvy pick, will grounded in markets and understands howarkets work. there might be a little issue with him just because during his confirmation process, they will bring up the fact that he bought a failed lender in the middle of the housing crisis, but ultimately the confirmation il prettyhould sa smooth. anyone who isn't familiar with fame while trouble trying to figure out how to pronounce steve mnuchin's last name. up next, black friday...
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Dec 1, 2016
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he picked steve mnuchin (m-noo-chin) for treasury secretary. mnuchin is a former goldman sachs executive and the finance director during trump's presidential campaign. ((steve mnuchin: "our number one priority is going to be the economy, get back to three to four percent growth, we sustainable.")) >> billionaire wilbur ross will also be joining the administration. today the trump transition team announced he will be nominated for commerce secretary./// ((dave courvoisier)) >>> california congresswoman nancy pelosi gets to keep her job. house democrats voted today to retain her as minority leader... 134-63. against ohio congressman tim ryan. pelosi -- who has served as the democratic leader for 14 years take on president-elect donald trump and republicans who control congress. ((rep. nancy pelosi/(d-ca) minority leader: "i think we're at a time when it's well beyond politics, it's about the character of america.")) democrats say they are expecting a fight on many issues, including obamacare - which pelosi helped push through the house. the new c
he picked steve mnuchin (m-noo-chin) for treasury secretary. mnuchin is a former goldman sachs executive and the finance director during trump's presidential campaign. ((steve mnuchin: "our number one priority is going to be the economy, get back to three to four percent growth, we sustainable.")) >> billionaire wilbur ross will also be joining the administration. today the trump transition team announced he will be nominated for commerce secretary./// ((dave courvoisier))...
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how about steve mnuchin for treasury? i've met him in passing. can't say i know him although i worked for his dad, bob mnuchin, whom we affectionately called "coach" when he ruled that trading desk at goldman sachs. coach retired at the top of his game, did some great things in the art world. i learned a ton from him. i have to believe steve learned a heck of a lot more than any of us from coach, which would make him as savvy about the markets as they come. he spent almost two decades at goldman and then invested correctly in the savings and loan market at the absolute bottom. and a fantastic investor. good for stocks. i stress these credentials because these are the kind of people whom president obama would never appoint to cabinet positions. to him, they're probably wall street fat cats. he may not even know who they are. but to the stock market, they're members of the traditional business establishment who want to make the economy grow and want to see profits grow. with these picks, trump is sending a huge signal. faster, to take back jobs, inc
how about steve mnuchin for treasury? i've met him in passing. can't say i know him although i worked for his dad, bob mnuchin, whom we affectionately called "coach" when he ruled that trading desk at goldman sachs. coach retired at the top of his game, did some great things in the art world. i learned a ton from him. i have to believe steve learned a heck of a lot more than any of us from coach, which would make him as savvy about the markets as they come. he spent almost two decades...
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we got steve mnuchin, and ross -- >> steve mnuchin talks got growth. he's a tax cutter, he's not good on individual tax rates. but we could have done worse. on commerce i don't think we could have done worse, ross has a long history of being a protectionist and in the commerce department send a very specific message to international free trade. >> yet that's what donald trump ran on, james. >> he also ran on draining the swamp and mnuchin and ross are not a couple of swamp drainers. >> why is that? >> especially on ross, given this protectionist bent, he's ramping up the capitalist cronyism in washington. >> that's the big problem with protectionism, isn't it? it's basically government intervening on behalf of certain companies to help them out. >> this government is about to get a lot more important and powerful in a very bad way in washington. as far as steve mnuchin, i think he will be generally favor essential in his quest to cut taxes, but he's squeamish on individual tax rates. >> helping the economy grow with anti-regulation, deregulation, is th
we got steve mnuchin, and ross -- >> steve mnuchin talks got growth. he's a tax cutter, he's not good on individual tax rates. but we could have done worse. on commerce i don't think we could have done worse, ross has a long history of being a protectionist and in the commerce department send a very specific message to international free trade. >> yet that's what donald trump ran on, james. >> he also ran on draining the swamp and mnuchin and ross are not a couple of swamp...
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you mentioned the new team and steve mnuchin taking the job that you once held., he already laid out a few very broad strokes about things like cutting the corporate tax rate and what individual tax rates would be. and we can put some of those on the screen as we have them. how can we do that? we would have rising, certainly rising debt. we know we have that. and you as treasury secretary probably dealt with a debt ceiling or two. we're coming up against one in march of 2017. what are we going to do about that? we need to service massive $21.1 trillion in tet, and i'm just wondering, do but do tax cuts for all? how do we not only service the debt, but also pay down some of it? >> what i heard the secretary-designate say is we're going to come up with a tax reform proposal that fundamentally is going to be revenue-neutral. i don't think it's going to add to the deficit, but the key thing is going forward what he called sustained economic growth is the key. the more growth we have, the more people we have working, the more people we have working, the more they pay
you mentioned the new team and steve mnuchin taking the job that you once held., he already laid out a few very broad strokes about things like cutting the corporate tax rate and what individual tax rates would be. and we can put some of those on the screen as we have them. how can we do that? we would have rising, certainly rising debt. we know we have that. and you as treasury secretary probably dealt with a debt ceiling or two. we're coming up against one in march of 2017. what are we going...
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they slammed the nomination of steve mnuchin for treasury secretary.he force cup four scope of the financial crisis. -- he is the forest dump of the financial crisis. considering she lied about her ethnicity to get a job. absolutely. i spoke with him about his time at goldman sachs. and his moves to washington. i haven't been there since 2002. i spent most of the last eight years as a regional banker. understanding what this country needs in terms of regional banks. although we control the house and the senate will be my job to work with the democrats as well to make sure that we work together as a team and getting things past. good to see both. thank you so much for joining us. democrats have been critical of mnuchin. he continually slammed them. how can they instill it across the aisle. what is your take on it. it doesn't matter who trump pics warren and sanders are not to be happy with anyone because they are not are not happy about american banking. they don't want to the capital market to succeed. i am concerned that he did say he is good at drain
they slammed the nomination of steve mnuchin for treasury secretary.he force cup four scope of the financial crisis. -- he is the forest dump of the financial crisis. considering she lied about her ethnicity to get a job. absolutely. i spoke with him about his time at goldman sachs. and his moves to washington. i haven't been there since 2002. i spent most of the last eight years as a regional banker. understanding what this country needs in terms of regional banks. although we control the...
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Dec 1, 2016
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and now, steve mnuchin is going to be his next treasury secretary.is dad was a goldman partner. >> backlash against goldman wiig involved in the administration. where do you think we'll see it first? >> i think the first plus we'll see it is in democrats coming out and seizing on mnuchin as the new target of attack. a couple weeks ago, liberals decided they were going to take down steve bannon. looks like they lost that fight. yesterday, for the first time, a joint statement put out between bernie sanders and elizabeth warren attacking steve mnuchin. so i think he's going to be in for a rough confirmation hearing and democrats are going to see him as someone they can go after and try to take down as a way of wounding donald trump. >> but josh, he's actually, josh, getting hammered from the left, obviously. we would expect that. also the "wall street journal" editorial this morning hammering donald trump's economic team, saying mnuchin talks like a guy that drove around a porsche in college. that gives us a mental image. we know who those guys were. t
and now, steve mnuchin is going to be his next treasury secretary.is dad was a goldman partner. >> backlash against goldman wiig involved in the administration. where do you think we'll see it first? >> i think the first plus we'll see it is in democrats coming out and seizing on mnuchin as the new target of attack. a couple weeks ago, liberals decided they were going to take down steve bannon. looks like they lost that fight. yesterday, for the first time, a joint statement put out...
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Dec 17, 2016
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what about steve mnuchin, the treasury secretary. >> i have gotten to know steve, when larry kudlow and were working with donald trump to put the tax plan together, steve mnuchin was at the table with us every step of the way. he's a supply side -- >> he is a supply cider. >> i believe so. so he's a very smart guy. i think where donald trump needs to fill in the gaps at this point, paul, when you talk about his economic team, the senior economic people like gary kohn and steve mnuchin, they're not people that paul ryan or the congressional leaders know very well. they don't know much about him either. i think that trump is going to have to pick someone at his council of economic advisers, someone like larry kudlow, perhaps, who is in the mix who does have the relationships with the paul ryans and mitch mcconnells who they trust and have long relationships with, to carry the message of how to get the tax bill done, do the deregulation, the energy policy. that's the one piece of the puzzle missing right now. >> you mentioned at an event in michigan that larry kudlow was in the mix, would
what about steve mnuchin, the treasury secretary. >> i have gotten to know steve, when larry kudlow and were working with donald trump to put the tax plan together, steve mnuchin was at the table with us every step of the way. he's a supply side -- >> he is a supply cider. >> i believe so. so he's a very smart guy. i think where donald trump needs to fill in the gaps at this point, paul, when you talk about his economic team, the senior economic people like gary kohn and steve...
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Dec 4, 2016
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and of the top fundraiser steve mnuchin got a big payoff for his deal and was nominated treasury secretary is one of the writers of the business week profile, max abelson. what kind of guy is steven mnuchin? is he funny or stuffy? max: if you were going to write a novel about someone who had the perfect elite career where everything went his way, it would be steven mnuchin. at yale he was the publisher of the news, his dad was a partner at goldman sachs, so beloved that everybody called him coach. and then he made partner at goldman sachs and then he became a hollywood producer and he bought a bank with a bunch of billionaires and sold that and billionaires and sold that and now he is going to be apparently the next secretary of the treasury. mark: is he ideological in anyway? max: i think the question about what stephen mnuchin believes in is something nobody knows. i think, the thing that people associate with him and what is so astounding, he was at the top of goldman sachs and now he will be joining steve bannon, former goldman sachs colleague, the current leader was at trump tower yes
and of the top fundraiser steve mnuchin got a big payoff for his deal and was nominated treasury secretary is one of the writers of the business week profile, max abelson. what kind of guy is steven mnuchin? is he funny or stuffy? max: if you were going to write a novel about someone who had the perfect elite career where everything went his way, it would be steven mnuchin. at yale he was the publisher of the news, his dad was a partner at goldman sachs, so beloved that everybody called him...
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Dec 14, 2016
12/16
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having said that, steve mnuchin surprised me.paigned around the country, saying things he didn't like. the global order, wall street, you know, financial leads, all of those people, even his final ad with the whiff of anti-semitism and a lot of people felt more than that about a kind of global order taking over our economy. runs goldman sachs. so i think that surprised me, but the fact that he was rewarding a loyalist, something in keeping with trump, and on the rex tillerson front, it's striking who he can do business with. trump described him as somebody i were make a deal with. how he's approaching the cabinet picks to say nothing about the work they'll do. if they have the difficulty of running the country is not like running a business. >> and steve mnuchin is jewish, how does that collaborate with -- >> i'm not making -- saying a specter of anti-semitism, when you have and ad that targets a global order, hurting our economy, harkening back to how hitler describes the jews and global earn prizes hurting germany in the run-up
having said that, steve mnuchin surprised me.paigned around the country, saying things he didn't like. the global order, wall street, you know, financial leads, all of those people, even his final ad with the whiff of anti-semitism and a lot of people felt more than that about a kind of global order taking over our economy. runs goldman sachs. so i think that surprised me, but the fact that he was rewarding a loyalist, something in keeping with trump, and on the rex tillerson front, it's...
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Dec 13, 2016
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steve mnuchin randall one west -- ran one west. what is huddle looking at? on a division of the bank that mnuchin ran. it was financial freedom and is specialize in reverse mortgages. they serviced 90,000. their job is to collect the money from borrowers when it comes due and foreclose if they need to. the allegation that hud is were they properly keeping track or if they followed all the rules to get reimbursed from the government for their expenses. vonnie: reimbursements from the government but not mnuchin? the only person not the government involved is one west. they are filing insurance and servicing on fannie mae which is controlled -- vonnie how long will the investigation cap rim? ben carson -- vonnie: how long with investigation carry on? ben carson will be the next hud? zach: they are in talks. that investigation touched off the bank looking at their books and realizing the books were a complete mess. they do not know how much money they had. they had to set aside another $235 million for a shortfall in all of this money and they were bed the claim
steve mnuchin randall one west -- ran one west. what is huddle looking at? on a division of the bank that mnuchin ran. it was financial freedom and is specialize in reverse mortgages. they serviced 90,000. their job is to collect the money from borrowers when it comes due and foreclose if they need to. the allegation that hud is were they properly keeping track or if they followed all the rules to get reimbursed from the government for their expenses. vonnie: reimbursements from the government...
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Dec 21, 2016
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donald trump's cabinet pick steve mnuchin, he made that pick on the 29th.has a lot of experience in mortgages. i want to share what he said the day after his nomination on fox business. >> would you move to change fannie and freddie. would you move to have these privatized? >> absolutely. we have to get fannie and freddie out of government ownership. it makes no sense that they have been owned by the government and controlled by the government nor as long as they have. >> steve mnuchin goes on television, the media that we talk so much about. what was the result? one of the biggest jumps in stock prices in those companies, fannie and freddie that they have seen since the government took them over in the 2008 financial crisis. for me, that's a wow. while we haven't seen donald trump's taxes, when he did -- when he was running in his financial disclosure documents, robert, he had said he had an investment in a hedge fund, 3 and $15 million, a hedge fund specifically betting on fannie and freddie going private. they asked was he an investor and jason miller sa
donald trump's cabinet pick steve mnuchin, he made that pick on the 29th.has a lot of experience in mortgages. i want to share what he said the day after his nomination on fox business. >> would you move to change fannie and freddie. would you move to have these privatized? >> absolutely. we have to get fannie and freddie out of government ownership. it makes no sense that they have been owned by the government and controlled by the government nor as long as they have. >>...
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we had a great conversation last week with steve mnuchin and wilbur ross who seems focused on tax reform, rolling back regulations, but broadly characterize what we have seen so far? >> president-elect trump first of all has been very methodical and looked at absolutely first class people and has picked people who will be tough and intelligent and have a lot of experience. his choice of betsy devos for education is remarkably powerful because she spent years of her life fighting for the right of poor children in neighborhoods with bad schools, to have the choice of going to a better school. she's spent a great deal of her own personal money in this crusade to help poor children. you can hardly have a better person as secretary of education. at the same time, elaine chao's ability to understand the federal government will bring her a very important secretary of transportation at a time when a very large infrastructure program is going to be a key part of the make america great jobs program that trump is in favor of. i look around. general mattis is as good as anybody i have worked with in
we had a great conversation last week with steve mnuchin and wilbur ross who seems focused on tax reform, rolling back regulations, but broadly characterize what we have seen so far? >> president-elect trump first of all has been very methodical and looked at absolutely first class people and has picked people who will be tough and intelligent and have a lot of experience. his choice of betsy devos for education is remarkably powerful because she spent years of her life fighting for the...
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Dec 1, 2016
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(steve mnuchin, treasury secretary nominee) "the president-elect and the vice president picked up the phone and called the ceo of the them we want to keep jobs here. can't remember the last time a president did that." the company also reportedly received financial incentives from the state of indiana to stay. a new report from the united nations just into our newsroom... they just released their state of the world population report for 2016. it shows the world population grew to 7 point 4 billion this year... the report focuses on the well- being of 10-year-old girls as indicators of success or failure... 10-year-olds face obstacles to equal education...healthcare and safety in developing countries.... new this morning.. a study out by unlv reveals the breast cancer death rates are higher in southern nevada compared to the rest of the country. researchers found survival rates in southern nevadans is five percent below the national average part of the reason is nevada women are less likely to get a mammogram compared to women across the country. the research also found survival rate lo
(steve mnuchin, treasury secretary nominee) "the president-elect and the vice president picked up the phone and called the ceo of the them we want to keep jobs here. can't remember the last time a president did that." the company also reportedly received financial incentives from the state of indiana to stay. a new report from the united nations just into our newsroom... they just released their state of the world population report for 2016. it shows the world population grew to 7...
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Dec 26, 2016
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high on the list, steve mnuchin. background and media appearances raising concerns about his political inexperience. the trump pick for secretary of state, rex tillerson. he wan lose no more than two gop votes if all the democrats oppose him. dems plan to give him the kind of quote, thorough, tough vetting focusing on possible conflicts of experience. senator jeff sessions trump's choice for attorney general. democrats expected to grill him on issues of race because of comments he made decades ago. kennedy, i have start with you, i see democrats opposing every possible pick and creating a hole for themselves. kennedy: charles schumer said he will make things tough for these confirmation hearings. that is incredibly dishonest. don't bo after people personally and emotionally. figure out what their philosophies are. there are reason people are nominated in the first place. figure that out. try to assign their strengths to where they might go. tough questions are fine. it is okay to get to the heart of where someone is
high on the list, steve mnuchin. background and media appearances raising concerns about his political inexperience. the trump pick for secretary of state, rex tillerson. he wan lose no more than two gop votes if all the democrats oppose him. dems plan to give him the kind of quote, thorough, tough vetting focusing on possible conflicts of experience. senator jeff sessions trump's choice for attorney general. democrats expected to grill him on issues of race because of comments he made decades...
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(steve mnuchin, treasury secretary nominee) "the president-elect and the vice president picked up the phone and called the ceo of the united technologies and told them we want to keep jobs here. can't remember the last time a president did that." the company will also reportedly receive incentives from the state of indiana for staying. this just into our newsroom... hillary clinton's lead continues to grow...it's no over 2 point 5 million... that's five times al gore's lead over george w bush in 2000... her lead is now larger than those of 10 presidnets... a local non-profit is now urging all of our schools in clark county to become "sanctuary schools" ... the rogers foundation sent letters to k thru 12 schools across the district yesterday-- outlining different safeguards they believe ccsd should put in place. being a "sanctuary school" means they wouldn't turn-in undocumented students to immigration authorities. c-c-s-d has not responded to the proposal, but right now... a petition is circulating at unlv to make it a sanctuary school. the rogers foundation is an organization that gi
(steve mnuchin, treasury secretary nominee) "the president-elect and the vice president picked up the phone and called the ceo of the united technologies and told them we want to keep jobs here. can't remember the last time a president did that." the company will also reportedly receive incentives from the state of indiana for staying. this just into our newsroom... hillary clinton's lead continues to grow...it's no over 2 point 5 million... that's five times al gore's lead over...
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Dec 2, 2016
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his most recent piece for the nation "wilbur ross and steve , mnuchin -- profiteers of the great foreclosurehine -- go to washington." talk about who mnuchin and ross are. >> i call them profiteers bankse they, like most and mortgage servicing companies, just profited from the lack of attention to the foreclosure crisis at the federal level. mnuchin foreclosed on 36,000 people in california alone. he foreclosed on much more through one west bank where he was ceo. wilbur ross, through american mortgage from servicing, which became another company, also did so. they did so illegally. these were fraudulent foreclosures where fake documents s were used to prop up those foreclosures. there are depositions with individuals from onewest bank saying they spent 30 seconds looking at foreclosure files before signing affidavits that said they knew everything and that file and reviewed all the business practices. there were forged documents routinely from wilbur ross american home ordered servicing done by third-party company known asdocx, where the ceo of the company is in prison right now. when to pri
his most recent piece for the nation "wilbur ross and steve , mnuchin -- profiteers of the great foreclosurehine -- go to washington." talk about who mnuchin and ross are. >> i call them profiteers bankse they, like most and mortgage servicing companies, just profited from the lack of attention to the foreclosure crisis at the federal level. mnuchin foreclosed on 36,000 people in california alone. he foreclosed on much more through one west bank where he was ceo. wilbur ross,...
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Dec 1, 2016
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steve mnuchin. a billionaire hedge fund manager, former goldman sachs executive, and bank c.e.o.. president-elect trump, a supposed champion of the working class, now seeks to appoint a financier like trump who specialy profited on the financial ruin of hardworking americans. what does this have to do with the bill we have before us, you may ask. well, a lot. today before the new president is even seated and steve mnuchin is even confirmed, h.r. 6392 will dramatically upend sensible oversight of some of the nation's largest banks. many of whom were directly imple indicated in the financial -- implicated in the financial collapse of 2008. taxpayers lose under this legislation. but guess who stands to benefit from it? steve mnuchin. he serves op the board of the bank c.i.t., receiving a salary of $4.5 billion and c.i.t. is one of only 27 banks in the country that will benefit from this terrible legislation. whose more, under this legislation, mnuchin, if confirmed, will be in charge of overseaing the
steve mnuchin. a billionaire hedge fund manager, former goldman sachs executive, and bank c.e.o.. president-elect trump, a supposed champion of the working class, now seeks to appoint a financier like trump who specialy profited on the financial ruin of hardworking americans. what does this have to do with the bill we have before us, you may ask. well, a lot. today before the new president is even seated and steve mnuchin is even confirmed, h.r. 6392 will dramatically upend sensible oversight...
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we heard from steve mnuchin right here on fox business.mising a major tax overhaul within first 90 days of trump's presidency. >> we will have a major tax reform, biggest tax reform since reagan. it's not just going to be a cut in corporate taxes but also a very large middle-income tax cut that's going to help this country. trish: tax cut.eed it. businesses need it. i think this is one thing that actually both sides can agree on. i want to go to our own peter barnes with the latest as we continue to await donald trump. you know, peter, they are saying that there are tax concessions given in this deal in indianapolis i want to point out to the viewer that we are keeping an eye on the live picture that's coming to us right now from indianapolis where donald trump will be micking his way onto that stage. we are going to go to it as soon as it happens. you know, taxes, they are pretty relevant part shall we say, peter, in the whole supply and demand equation? >> yeah, that's right, trish. but you know, there's some additional comments from mnu
we heard from steve mnuchin right here on fox business.mising a major tax overhaul within first 90 days of trump's presidency. >> we will have a major tax reform, biggest tax reform since reagan. it's not just going to be a cut in corporate taxes but also a very large middle-income tax cut that's going to help this country. trish: tax cut.eed it. businesses need it. i think this is one thing that actually both sides can agree on. i want to go to our own peter barnes with the latest as we...
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Dec 1, 2016
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they say his pick for treasury secretary, steve mnuchin, who spent 17 street insider" and "hypocrisy at its worst." jn abc news washington. happening now. before vice president elect mike pence settles into "number one observatory circle" -- his new neighbors are giving him a colorful welcome. . chevy chase neighbors say they hung up rainbow flags-- to welcome pence to the community. gay rights advocates have critizised the vice president elect's policies. ilse heintzen where she stands on the issue. "we do have, obviously disagreements and, as i said, this is one way that i can show my disagreement." "i have no idea what he will think about, but i hope he will. change his mind." in january, the governor of indiana will move 15-minutes down the road to the vice-president's mansion coming up. the husband of an abducted california woman, sits down for an exclusive interview. what he says police told him about his wife's ordeal.. plus, dating dangers. what experts say women need to do to remain safe while - chilly weekend ahead - next best chance for rain comes tuesday breezy. highs: 53
they say his pick for treasury secretary, steve mnuchin, who spent 17 street insider" and "hypocrisy at its worst." jn abc news washington. happening now. before vice president elect mike pence settles into "number one observatory circle" -- his new neighbors are giving him a colorful welcome. . chevy chase neighbors say they hung up rainbow flags-- to welcome pence to the community. gay rights advocates have critizised the vice president elect's policies. ilse heintzen...
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steve mnuchin named as treasury secretary appointment. mnuchin with the campaign finance chair.oss cap for the commerce secretary wrote in his number two will be tiebreaking, owner of the chicago cubs. he told maria bartiromo at a tax overhaul will be friend of mine. >> this is something that happens within the first 90 days of the presidency. we'll have a major tax reform. because tax reform since reagan and not just cutting corporate taxes but also a very large middle income tax-cut bill help this country. >> officials say no more major appointments are expected for the remainder of the week. back to you. nicole: blake burman, thank you. lauren: house democrats ever elected nancy pelosi. ohio representative tim ryan received 63 boat, the largest number of defectors post he has seen fit she started to lead house democrats in 2002. ryan represents northeast ohio which has disaffected union workers and former democrats who helped donald trump when the battleground state and the white house on november 8. democrats will be the minority party in the house and senate next year and w
steve mnuchin named as treasury secretary appointment. mnuchin with the campaign finance chair.oss cap for the commerce secretary wrote in his number two will be tiebreaking, owner of the chicago cubs. he told maria bartiromo at a tax overhaul will be friend of mine. >> this is something that happens within the first 90 days of the presidency. we'll have a major tax reform. because tax reform since reagan and not just cutting corporate taxes but also a very large middle income tax-cut...