Deregulation is on the horizon according to the U.S. Department of the Treasury’s Monday report. While some avidly oppose the change, many see it as a positive adjustment for banks, consumers, and the economy. Whether the changes will destroy the economy or create long-term stability, the Treasury and Administration said it will forge ahead to its next steps working with congress to change statutes, regulations, and supervisory guidance.
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Mnuchin Named Treasury Secretary
The former Goldman Sachs and OneWest executive was confirmed as the 77th U.S. Secretary of the Treasury on Monday evening.
Read More »GOP Suspends Rules, Advances Mnuchin Vote
Despite an ongoing boycott by Senate Democrats, the GOP members of the Senate Finance Committee used a parliamentary rule to advance the confirmation of Treasury Secretary nominee Steven Mnuchin to a full Senate vote on Wednesday.
Read More »Mnuchin Vote Delayed Following Democratic Revolt
Senate Democrats refused to take part in a vote on Treasury Secretary nominee Steven Mnuchin, citing alleged conflicting answers during his initial hearing.
Read More »Senate Confirmation Hearing for Mnuchin Heats Up
Support and condemnation for Steve Mnuchin came down along partisan lines during his confirmation hearing for Treasury Secretary on Thursday.
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