Politics

Steven Mnuchin Says He Is Shocked About Senator Chuck Schumer’s Remarks

Treasury secretary Steven Mnuchin tells Fox Business Network “I was kind of shocked that [Sen. Chuck Schumer] would be saying that about me or any secretary of the treasury”

In an interview on FOX Business Network’s (FBN) Mornings with Maria (weekdays, 6a-9a/ET), Treasury Secretary Steven Mnuchin gives his reaction to critical remarks made against him this morning by Senate Minority Leader Chuck Schumer (D-NY) in Politico, as well as the latest surrounding the GOP push for tax reform with anchor Maria Bartiromo.

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On Sen. Chuck Schumer’s (D-NY) critical comments made against him this morning in Politico:

“I was kind of shocked that he’d be saying that about me or about any Secretary of the Treasury. And I restrained myself and look, it’s factual, if we get the growth it will pay down the debt. So we can debate whether we’ll get the growth or not but I was quite surprised at his comments.”

On Sen. Chuck Schumer (D-NY) calling him a “suck up to Trump”:

“Maria, I’ve been working with the President for the last two years during the campaign. I’ve known the president for 15 years. I’m focused on the economic growth, what’s good for the middle class, what’s good for business, what’s good for creating jobs. And what the Democrats need to realize is they’re telling us that’s what they want also, we’ll let them work with us on these issues.”

On where the tax reform bill stands:

“Well we're very excited with the progress on tax reform. As you know this is something we've been working on since the beginning of the year. We have the budget passed with reconciliation instructions. We expect the bill to come out very quickly and get this to the president to sign this year…I think the two most important issues that the president is focused on is the 20 percent corporate rate to make our business competitive and the middle income tax cut. That's what's driving this and that's what we're going to be focused on.”

On whether he got bullied into the idea that he needs to raise taxes on higher income earners:

“Maria, not at all, not at all. The president doesn't get bullied and I don't get bullied. These are sound principles that we have been working on as I said both during the campaign and all year with the Senate and House leadership. And if we come up with an extra bracket it's all about creating a larger middle income tax cut and as the president has said he's not looking to lower taxes on the rich. Now we're not necessarily looking to raise taxes on the rich, but the focus here is middle income tax cut. And we've been consistent on that all along. So anybody who says there's any inconsistency, I don't know what they've been reading.”

Steven Mnuchin
Image source: FBN Video Screenshot