Steven mnuchin let me first say that i strongly believe and understand that there are very important tools within the Treasury Department that can combat terrorism. Of these tools, such as sanctions, are extremely effective and keep our Armed Services out of harm. So i am fully committed to the maximum amount of law to both in force the existing sanctions in a very strict way. And i will work with the president elect as cc fit on additional sanctions and there are also other programs within the treasury that i believe are very effective in fighting terrorism. It is a very important part of the treasury. And i know that it has been done very effectively. We all agree it is important. What we are trying to do is assess your qualifications. And you are not willing to talk a medicare. You are not going to talk about specifics on terror. Let me take one more crack on qualifications. This is something else. Or you wouldsector have responsibilities on when a foreign investor makes an investme
Threaten strengthening how the department fights terror. I strongly believe and understand that there are very, very important tools within the Treasury Department that can come pat terrorism and that many of these tools such as sanctions are extremely effective and keep our Armed Service out of harm. So i am fully committed to the maximum amount of law to both enforce the existing sanctions in a very strict way and i will work with the president elect as he sees fit on additional sanctions and there are also other programs within treasury that i believe are very, very effective in fighting terrorism. Its a very important part of the treasury. And i know that that has been done very effectively. We all agree its important. What were trying to do is assess your qualifications. You havent been willing to talk medicare, havent been willing to talk specifics on terror. Lets talk about qualifications on the committee on Foreign Investment because this is Something Else you would have respon
Couple quick things before i take questions. First, we have been in touch with the bush family today after hearing about president george h. W. Bush and barbara bush being admitted to the hospital this morning. They have not only dedicated their lives to this country, they have been a constant source of friendship and support and good counsel for michelle and me over the years. They are as fine a couple as we know. To send ournt prayers and our love with them. Really good people. The second thing i want to do is to thank all of you. Some of you have been covering me for a long time. Folks like christie and lynn. Some of you i have just gotten to know. We have traveled the world together. A few singles, a few doubles together. I have offered advice i thought was pretty sound, like, dont do stupid stuff. And even when you complained about my long answers, i just want you to know that the only reason they were long is because you ask six part questions. But i have enjoyed working with all
Now treasury sect nominee Steven Mnuchin testifies before the Senate Finance Committee Help faced questions on hi as ceo of one west, bank that foreclosed on thousands of home owners after the 2008 downturn. This portion of the hearing is three and a half hours. Committee will come to order. Welcome to this more mornings hearing. Well discuss the nomination of mr. Steven mnuchin to serve as secretary of treasury for the Incoming Trump administration. I want to officially welcome mr. Mnuchin for to the finance committee. I certainly appreciate your willingness to appear before us here today and to serve in this important position. The position of treasury secretary is among the most important in the executive branch. The next treasury secretary will be asked a lot of questions that are going to very, very important here today. Well be talking about advancing policies that will improve our inagurations economic and fiscal outlook. This position oversees the collection of taxes and the ma
Senator hatch committee will come to order. Welcome to everyone to this mornings hearing. We will discuss the nomination of mr. Steve mnuchin to serve as secretary of treasury for the Incoming Trump administration. I want to officially welcome mr. Munchin to the finance committee. I appreciate your willingness to appear before us here today and serve in this important position. The position of treasury secretary is among the most important in the executive ranch. The next treasury secretary will be asked will be asked a lot of questions that are going to be very, very important here today. They will be we are going to be talking about advancing policies to improve our nations economic and fiscal outlook. This position oversees both the collection of taxes and the management of our debt and in addition, as Congress Works to reform our nations tax code and fix our broken health care system, it is absolutely essential that we have a cooperative partner overseeing reasury. That is, quite f