Analysis

Mnuchin Must Bend To Both Trump, Congress On Tax Plan

Law360, New York (April 20, 2017, 10:19 PM EDT) -- The White House faces an uphill task in convincing congressional leaders with differing priorities to back its vision for tax reform, but Treasury Secretary Steven Mnuchin’s vow to not provide absolute tax cuts for the upper class could also end up clashing with President Donald Trump’s own goals.

There is little doubt that Mnuchin, a former Goldman Sachs executive, will play a lead role in pushing forward Trump’s tax reform agenda. During a Tuesday visit to a Wisconsin manufacturing facility to promote his “Buy American, Hire...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.