White House

Watch: Treasury Secretary Mnuchin speaks about tax reform, economic policy


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Treasury Secretary Steven Mnuchin spoke about economic policy Thursday as questions swirl about the Trump administration's tax-reform plan and the looming government shutdown deadline.

He said the Trump administration is close to bringing forward "major tax reform."

Mnuchin spoke at the Institute of International Finance Washington Policy Summit.

The Treasury secretary this week backed off his previous statement that he wanted to see "very significant" tax reform passed by Congress' August recess. In a Financial Times interview, he said getting a bill to President Donald Trump's desk before August is "highly aggressive to not realistic at this point."