The new Treasury Sec speaks
It's too early to give details of tax plans
Tax reform will be significant
Most important thing for growth is the tax plan
3% growth is very achievable, could be late 2018 before we see 3% growth
Regulatory relief is also important to boost growth
We're looking at significant economic changes
We're reaching out to businesses
Trump admin's growth forecast is likely to be higher that Congress
The buck jumped once again on mention of the great tax plan, then fell back when it realised that Munchkin didn't have anything new to add.
- Tax reform is mostly focused on the middle class
- High income tax cuts should be offset
- The dollar and stocks are reflecting confidence in the US economy
- Isn't focused on day to day market moves