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senate confirms mnuchin as treasury secretary


senate confirms mnuchin as treasury secretarythe senate has confirmed steven mnuchin as treasury secretary despite complaints by democrats that the former banker ran a "foreclosure machine" when he headed onewest bank. (feb. 13)






cut the company tax rate and push up the gst without compensation, says ken henr


former treasury boss ken henry has backed the government's 10-year plan to cut the company tax rate, saying it should be done even sooner.presently the chairman of the national australia bank, dr henry conducted the henry review of the tax system for prime minister kevin rudd and served as treasury secretary under treasurers peter costello and wayne swan.






how the new treasury secretary can prove he’s serious about the job


the treasury department has a new secretary, now that the senate, voting along partisan lines, has confirmed steve mnuchin, albeit 18 days later than it voted yes on timothy f. geithner in 2009 — the last time a first-term president’s choice was under consideration. mr. mnuchin’s relatively tardy installation reflects democratic resistance to all of president trump’s choices, but in this case that resistance cannot be dismissed as pure partisanship. there were genuine concerns surrounding mr. mnuchin’s nomination, including his lack of public-sector experience and his belated disclosure to senators of some $100 million in personal wealth. democrats were not wrong to ask whether treasury is the best fit for a career financier who made a fortune engineering a controversial federally backed b






left delays confirmation of mnuchin — and it hurts the economy


on thursday, while meeting with the chief executives of many of the country’s major airlines, the ceo of america dropped a hint about the timing of his much anticipated tax plan.taxes are something that both everyday americans and corporate america alike are anxious about. that’s understandable, because they were the core of president trump’s platform and, i would argue, an underemphasized key to his victory in november.in the meeting, the president said, “we’re going to lower the overall tax burden on american business big league,” and “we’re going to be announcing something i would say over the next two or three weeks that will be phenomenal in terms of tax.” he’s clearly aware of the nation’s angst.so what’s been the holdup? what else? the progressives for no progress. the ultra-far lef






senate confirms steven mnuchin as treasury secretary


the senate has confirmed steven mnuchin as treasury secretary despite complaints by democrats that the former banker ran a “foreclosure machine” when he headed onewest bank.the vote was 53-47 monday night.republicans said mnuchin’s long tenure in finance is an ample prerequisite for the treasury job. mnuchin is also a former top executive at goldman sachs.democrats complained that mnuchin made much of his fortune by foreclosing on families during the financial crisis.mnuchin assembled a group to buy the failed indymac. he renamed it onewest and turned it around, selling it for a profit in 2014.mnuchin has said he had worked hard during the financial crisis to assist homeowners with refinancing so they could remain in their homes.share this:






mnuchin: the u.s. can get back to 3 percent growth


steven mnuchin testifies at his confirmation hearing for treasury secretary on jan. 19. (j. scott applewhite/ap)the administration’s target of 3 percent economic growth is “very achievable” because tax reform, regulatory relief and cuts to banking regulation that encourage lending will boost growth, treasury secretary steven mnuchin said thursday morning in his first televised interview since taking office last week.in an interview on cnbc’s “squawk box,” mnuchin said the policy changes would not likely begin to translate into economic growth until the end of next year.many economists are projecting lower rates of economic growth than the administration. in december, the federal reserve estimated longer-run growth rates of 1.8 percent, while the congressional budget office, a n...






mnuchin: the u.s. can get back to 3 percent growth


steven mnuchin testifies at his confirmation hearing for treasury secretary on jan. 19. (j. scott applewhite/ap)the administration’s target of 3 percent economic growth is “very achievable” because tax reform, regulatory relief and cuts to banking regulation that encourage lending will boost growth, treasury secretary steven mnuchin said thursday morning in his first televised interview since taking office last week.in an interview on cnbc’s “squawk box,” mnuchin said that the policy changes would not likely begin to translate into economic growth until the end of next year.many economists are projecting lower rates of economic growth than the administration. in december, the federal reserve estimated longer-run growth rates of 1.8 percent, while the congressional budget office...






mnuchin: the u.s. can get back to 3 percent growth


steven mnuchin testifies at his confirmation hearing for treasury secretary on jan. 19. (j. scott applewhite/ap)the administration’s target of 3 percent economic growth is “very achievable” because tax reform, regulatory relief and cuts to banking regulation that encourage lending will boost growth, treasury secretary steven mnuchin said thursday morning in his first televised interview since taking office last week.in an interview on cnbc’s “squawk box,” mnuchin said that the policy changes would not likely begin to translate into economic growth until the end of next year.many economists are projecting lower rates of economic growth than the administration. in december, the federal reserve estimated longer-run growth rates of 1.8 percent, while the congressional budget office...






correlation between us treasury yields and us dollar seen weakening


after the trump administration's jawboning about currencies this past week, the loosening relationship between the dollar and treasury yields may be here to stay.






new us treasury secretary steven mnuchin vows to combat terror financing


by: pti | washington | published:february 14, 2017 7:58 pm us treasury secretary steven mnuchin. (source: reuters)top investment banker and former goldman sachs executive steven mnuchin, sworn-in as us treasury secretary, today pledged to create more jobs and combat terrorist activities and financing. mnuchin, 54, was sworn-in as the treasury secretary by vice president mike pence at a white house ceremony soon after he was confirmed by the us senate by a vote of 53 to 48 yesterday. mnuchin is the third former goldman sachs executive to become treasury secretary. the other two being robert rubin and henry paulson.watch what else is making newsin this position, mnuchin is expected to play a key role in the economic reforms that president donald trump plans to undertake to remove bureaucrat






senate finance committee suspends rules to approve mnuchin, price without democr


- the senate finance committee suspended its rules on feb. 1, after democrats boycotted a second hearing in as many days. republicans voted 14-0 to a nce the nominations of steven mnuchin for treasury secretary and rep. tom price (r-ga.) for health and human services secretary to the full senate.()






calculus - prove f(7) = 56


let $f(x)$ be continues function at $[1,9]$ and differentiable at $(1,9)$ and also $f(1) = 20 , f(9) = 68 $ and $ |f'(x)| \le 6$ for every $x \in (1,9)$.i need to prove that $f(7) = 56$.i started by using the lagrange theorem and found that there exist $ 1<c<9$ such that $f'(c) = 6$ but i'm not sure how is this relevant and how to proceed.






jaya's gold and diamond jewellery will go from karnataka treasury to tamil nadu


bengaluru: gold and diamond jewellery worth rs 6 crore, silver articles worth rs 20 lakh, 2,140 sarees, 750 pairs of footwear and 91 wristwatches worth over rs 15 lakh that is lying in the karnataka state treasury will revert to the tamil nadu government, after the supreme court directed that the rs 100 crore fine for disproportionate assets on the deceased former cm j jayalalitha will be recovered from her properties. karnataka has been awarded rs 5 crore of this rs 100 crore as its due for bearing the legal costs of the jayalalithaa trial, along with her aides sasikala, sudhakaran and elavarasi. the fine of rs 10 crore each on the latter three is also to be recovered from cash deposits and seized property belonging them, the judgement says. “we are not aware of exactly what has been dep






nuclear weapons - did hillary clinton give russia 20% of the united states' uran


this claim comes from peter schweizer's book clinton cash.the washington post notes that the details mentioned above are correct:the deal gave russia control of about 20 percent of u.s. uranium extraction capacity, according to a 2010 cnn article about the deal. in other words, russia has rights to the uranium extracted at those sites, which represents 20 percent of the u.s. uranium production capacity. (emphasis mine)however, tying it to clinton is misleading at best. the evidence seems to rest on two facts:a canadian businessman (as noted above) that was instrumental in the sale was also a clinton donor. the state department was 1 of 9 agencies surveying the deal.details about the deal or not very available, but the state department did not have the authority to stop the deal. only the p






nuclear weapons - did hillary clinton give russia 20% of the united states' uran


this claim comes from peter schweizer's book clinton cash.the washington post notes that the details mentioned above are correct:the deal gave russia control of about 20 percent of u.s. uranium extraction capacity, according to a 2010 cnn article about the deal. in other words, russia has rights to the uranium extracted at those sites, which represents 20 percent of the u.s. uranium production capacity. (emphasis mine)however, tying it to clinton is misleading at best. the evidence seems to rest on two facts:a canadian businessman (as noted above) that was instrumental in the sale was also a clinton donor. the state department was 1 of 9 agencies surveying the deal.details about the deal are not very available, but the state department did not have the authority to stop the deal. only the






have not eased sanctions against russia: donald trump


by: pti | washington | published:february 3, 2017 1:46 am us president donald trump (file p o)us president donald trump today refuted reports that his administration has eased sanctions against russia. earlier the treasury department reported that it has amended former president barack obama’s most recent sanctions to allow us technology companies to export products to russia. however, trump refuted the reports.watch: international powerboat race launch dramatically halted by jcb trucks“i haven’t eased anything,” he told reporters when asked if his administration has eased sanctions against russia, which were imposed by the previous obama administration in retaliation of the latter’s alleged ing into the emails and servers of the democratic party and its presidential nominee.white house p






boris johnson renounces us citizenship


uk foreign minister was born in new york and says he gave up dual citizenship for patriotic reasonsbritish foreign secretary boris johnson.london: british foreign minister boris johnson, who was born in new york, has renounced his us citizenship, according to a united states treasury department document released wednesday.alexander boris johnson figured in the treasury list of people who had given up their us citizenship in the last quarter of 2016.the former mayor of london has held both british and us p ports.johnson had said in 2015 he intended to give up his dual nationality for patriotic reasons.he said his us p port was “an accident of birth” and that he had to “find a way of sorting it out” with the then us amb ador matthew barzun.“the reason i’m thinking i probably will want to mak






steve mnuchin sworn in as treasury secretary


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us senate expected to confirm steven mnuchin as treasury secretary


by: reuters | washington | published:february 13, 2017 12:13 pm steven mnuchin testifies before a senate finance committee confirmation hearing on his nomination to be treasury secretary in washington, u.s., january 19, 2017. reuters/joshua robertsthe us senate is expected to confirm former goldman sachs banker and hollywood financier steven mnuchin as treasury secretary on monday, returning a wall street veteran to the top us economic and financial job for the first time in eight years. mnuchin’s appointment to treasury signals the trump administration’s trust in bankers and other senior business executives after democrat barack obama launched his presidency with career regulator timothy geithner running treasury and a mandate to rein in wall street for its role in the 2007-2009 financia






trump administration makes tweaks to sanctions against russia


washington — the trump administration tweaked sanctions against russia's intelligence services on thursday, changing sanctions taken by the obama administration in the wake of russia's meddling in the 2016 election. the treasury department announced it would allow u.s. companies to make limited transactions with russia's intelligence service, fsb, that are needed to gain approval to import information technology products into russia. the u.s. intelligence community concluded that fsb and another russian spy agency were behind the ing of democratic politicians and obama slapped sanctions on the organizations before he left office. trump has at times been highly critical of the u.s. intelligence community, and it's remained unclear whether he'll keep the sanctions against russia in place, a






online giants could pay more tax as chancellor takes aim at 'digital economy' in


chris radburn/pa wire online retailers such as amazon could be forced to pay more in tax as the chancellor today hinted at a wholesale reform of the business rates system.addressing a meeting of tory backbenchers in parliament this evening, philip hammond sought to stave off a potential rebellion over the amount small businesses have to pay to the treasury.business groups and trade bodies have been up in arms over new rates set to come in from april, which will see many small firms paying dramatically more in taxes.as business rates are based on the rentable value of a company’s premises, some small firms in high street locations are facing a rise, while larger online companies who only operate warehouses or small offices could see their bills fall.the government estimates that three-quar






detroit lions longsnapper fires footballs under a camel


jimmy landes knows how to celebrate hump day. the detroit lions special teams star posted a video on twitter of him snapping a football underneath a camel in jordan while at the treasury building in petra.(duane burleson/ap) while one of landes’ fellow travelers waited, the long snapper unloaded a textbook flick from behind the camel. the football was caught with ease near one of the country’s most iconic buildings. the treasury is the location of where the holy grail was being kept in “indiana jones and the last crusade.”marshawn lynch rides camel, tours pyramids in egypt when he’s done working on his snaps, landes will have better luck finding the holy grail than he would of finding the lombardi trophy in detroit.tags:nfldetroit lionsjordananimalssend a let...






real analysis - what counts as a proof (baby rudin, chapter 1)


i'm having trouble with whether rudin actually proves what he's tried to prove.proposition 1.14; (page 6) the axioms of addition imply the following statements:a) if $x + y = x + z$ then $y = z$the author's proof is as follows: $ y = (0 + y) = (x + -x) + y = -x + (x + \textbf{y})$ $$ = -x + (x + \textbf{z}) = (-x + x) + z = (0 + z) = z $$i emphased the section which troubles me. how does rudin prove that $ y = z $ if he substituted $y = z$?






senate confirms tillerson as secretary of state


developing … the senate on wednesday confirmed rex tillerson as secretary of state -- part of an ambitious, fast-paced day for the leaders of the republican-controlled chamber who confirmed the former exxonmobil executive to be the country’s top diplomat and a nced three other president trump cabinet picks to a final vote.the vote was 56-to-43, along party lines, with tillerson needing a simple majority of 51. original story ... senate republicans, frustrated by democrats’ attempts to delay key cabinet confirmations, moved swiftly wednesday morning to a nce three nominees to a final vote. on the most contentious nomination, the senate judiciary committee voted along party lines wednesday to approve sen. jeff sessions, r-ala., for u.s. attorney general. the move e after democrats dragged ou






here’s the presidential order of succession — just in case


for no specific reason, here’s a reminder of the order of succession if president trump — and any of his immediate successors — were to somehow leave office very soon. 1. vice president pence 2. house speaker paul ryan 3. president pro tempore of the senate orrin hatchtv commercial calls for closing rikers island 4. secretary of state rex tillerson 5. treasury secretary steven mnuchin 6. defense secretary james mattis 7. attorney general jeff sessions 8. acting secretary of the interior kevin haugrud 9. agriculture secretary michael scuse(andrew harnik/ap) 10. commerce secretary (vacant seat; nominee wilbur ross has not been confirmed by the senate) 11. acting labor secretary ed hugler (nominee andy puzder has not been confirmed) 12. health and human services secretary tom price 13. acti






donald trump administration imposes fresh iran-related sanctions


by: reuters | washington | published:february 3, 2017 10:19 pm us president donald trump had issued a tweet saying, “iran is playing with fire – they don’t appreciate how ‘kind’ president obama was to them. not me!”(file p o)the united states on friday sanctioned 13 individuals and 12 entities under its iran sanctions authority, days after the white house put tehran “on notice” over a ballistic missile test and other activities. in a statement on its website, the u.s. treasury listed the sanctioned individuals and entities, some of which are based in the united arab emirates, lebanon and china.the move is the first against iran since u.s. president donald trump took office on jan. 20. the sanctions were similar to actions taken by the obama administration targeting iran’s ballistic missil






here’s the presidential order of succession — just in case


for no specific reason, here’s a reminder of the order of succession if president trump — and any of his immediate successors — were to somehow leave office very soon. 1. vice president pence 2. house speaker paul ryan 3. president pro tempore of the senate orrin hatch 4. secretary of state rex tillerson 5. treasury secretary steven mnuchin 6. defense secretary james mattis 7. attorney general jeff sessions 8. acting secretary of the interior kevin haugrud (nominee ryan zinke has not been confirmed by the senate) 9. acting agriculture secretary michael scuse (nominee sonny perdue has not been confirmed)(andrew harnik/ap) 10. commerce secretary (vacant seat; nominee wilbur ross has not been confirmed) 11. acting labor secretary ed hugler (nominee andy puzder has not been confirmed) 12. hea






here’s the presidential order of succession — just in case


for no specific reason, here’s a reminder of the order of succession if president trump — and any of his immediate successors — were to somehow leave office very soon. 1. vice president pence 2. house speaker paul ryan 3. president pro tempore of the senate orrin hatch 4. secretary of state rex tillerson 5. treasury secretary steven mnuchin 6. defense secretary james mattis 7. attorney general jeff sessions 8. acting secretary of the interior kevin haugrud (nominee ryan zinke has not been confirmed by the senate) 9. acting agriculture secretary michael scuse (nominee sonny perdue has not been confirmed)(andrew harnik/ap) 10. commerce secretary (vacant seat; nominee wilbur ross has not been confirmed) 11. acting labor secretary ed hugler (nominee andy puzder dropped out before confirmation






trump pick for treasury steven mnuchin confirmed by senate


washington - the senate voted to confirm steven mnuchin as treasury secretary on monday after a bruising battle over mnuchin's past as a wall street executive. the vote moves trump's top campaign fundraiser into a senior administration role, giving mnuchin major sway over tax reform, financial regulation and economic diplomacy. it also puts a former goldman sachs executive who owned another company that foreclosed on tens of thousands of homes in charge of regulating the banks he once worked for. the senate voted 53-47 to confirm mnuchin, with every republican voting for him and all democrats but sen. joe manchin (d-w.va.) voting to oppose him - the latest close party-line vote on a trump cabinet nominee. democrats fought hard against mnuchin's nomination, blasting away at his record at o






here’s the presidential order of succession — just in case


for no specific reason, here’s a reminder of the order of succession if president trump — and any of his immediate successors — were to somehow leave office very soon. 1. vice president pence 2. house speaker paul ryan 3. president pro tempore of the senate orrin hatchtv commercial calls for closing rikers island 4. secretary of state rex tillerson 5. treasury secretary steven mnuchin 6. defense secretary james mattis 7. attorney general jeff sessions 8. acting secretary of the interior kevin haugrud (nominee ryan zinke has not been confirmed by the senate) 9. acting agriculture secretary michael scuse (nominee sonny perdue has not been confirmed)(andrew harnik/ap) 10. commerce secretary (vacant seat; nominee wilbur ross has not been confirmed) 11. acting labor secretary ed hugler (nomin






senate confirms mnuchin as treasury secretary


the u.s. senate voted to confirm former banker and hollywood financier steven mnuchin as treasury secretary. (reuters)the senate confirmed steven t. mnuchin as treasury secretary monday evening, putting an end to a contentious and protracted debate while adding another former banker to president trump's roster of advisers.mnuchin ran a bank, onewest, that foreclosed on tens of thousands of americans amid the financial crisis, and democrats had argued that he would not represent the financial interests of ordinary americans in office. mnuchin and his allies said onewest's foreclosures were largely in accordance with federal guidelines.as treasury secretary, mnuchin will be responsible for managing the nation's day-to-day finances and will have to carry out a broad order from his new boss to






senate panels vote to a nce three trump cabinet nominees


senate committees voted wednesday to a nce three nominees for president trump’s cabinet, including two votes that occurred with no democrats present. on wednesday morning, the senate finance committee approved the nominations of trump’s designated treasury and health and human services secretaries, despite an ongoing boycott of the vote by democrats on the panel. the committee voted 14-0 to confirm rep. tom price (r-ga.) as trump’s health and human services head and steve mnuchin as his treasury chief, sending their nominations to the full senate for a confirmation vote. no democrats showed up for the votes for a second consecutive day, as part of a continued effort to derail the confirmation process.senate dems delay confirmation votes on mnuchin, price, sessions but republicans on the p






us government bond yields at three-week low


us treasury yields fell to their lowest in nearly three weeks amid concern donald trump's pro-growth agenda may be sidelined.






senate confirms mnuchin as treasury secretary


steven mnuchin, treasury secretary nominee, speaks during a senate hearing jan. 19. (andrew harrer/bloomberg news)the senate confirmed steven t. mnuchin as treasury secretary monday evening, putting an end to a contentious and protracted debate while adding another former banker to president trump's roster of advisers.mnuchin ran a bank, onewest, that foreclosed on tens of thousands of americans amid the financial crisis, and democrats had argued that he would not represent the financial interests of ordinary americans in office. mnuchin and his allies said onewest's foreclosures were largely in accordance with federal guidelines.as treasury secretary, mnuchin will be responsible for managing the nation's day-to-day finances and will have to carry out a broad order from his new boss to rev






trump pick for treasury steven mnuchin confirmed by senate


washington — the senate voted to confirm steven mnuchin as treasury secretary on monday after a bruising battle over mnuchin’s past as a wall street executive. the vote moves trump’s top campaign fundraiser into a senior administration role, giving mnuchin major sway over tax reform, financial regulation and economic diplomacy. it also puts a former goldman sachs executive who owned another company that foreclosed on tens of thousands of homes in charge of regulating the banks he once worked for. the senate voted 53-47 to confirm mnuchin, with every republican voting for him and all democrats but sen. joe manchin (d-w.va.) voting to oppose him — the latest close party-line vote on a trump cabinet nominee. democrats fought hard against mnuchin’s nomination, dubbing him the “foreclosure kin






imf chief christine lagarde ‘reassured’ after talks with trump’s team


by: afp | berlin | published:february 23, 2017 3:33 am international monetary fund chief christine lagarde (source: ap photo/file)imf chief christine lagarde has said that she had been reassured by her first meetings with members of the new administration of us president donald trump, whose economic programme has caused global jitters. lagarde singled out “some very positive discussions” with us treasury secretary steven mnuchin. “i have had several meetings with officials of his administration in the economic and financial domains and the meetings i had are quite reassuring and comforting,” the international monetary fund head yesterday told german television ard during a visit to berlin.watch what else is making news:she said mnuchin “clearly has indicated his desire to wo...






treasury wine posts record half-year profit on us, china demand


treasury wine estates, the world's biggest listed stand-alone wine company, posted a record half-year profit as it catered to china's thirst for mid-range product and benefited from a united states purchase.net profit for the owner of the penfolds, wolf blass and rosemount wine labels more than doubled to $136.2 million for the six months to december 31, helped by an earnings contribution from the recently acquired us wine business of diageo. net profit for the owner of the penfolds, wolf blass and rosemount wine labels more than doubled to $136.2 million for the six months to december 31. photo: qilai shenearnings before interest, tax and accounting items specific to wineries rose 59 per cent to $226.8 million, another record, and in line with analyst forecasts. the company added that it






republicans a nce mnuchin for treasury, despite questions about his bank’s forec


steven mnuchin speaks during his confirmation hearing in washington, d.c. on thursday, jan. 19. p og her: andrew harrer/bloombergrepublicans in the senate committee on finance a nced president trump's nominee for treasury secretary on wednesday, suspending the committee's rules in response to a boycott by democratic lawmakers.the vote by republicans in the committee was unanimous. they decried the democrats' decision to boycott the vote initially scheduled on tuesday as pointless obstructionism."we can have our disagreements," said sen. orrin hatch (r-utah), the chairman of the committee. "to differ, that’s one thing. i can live with that. i’ve differed myself from time to time. but i’ve always shown up."lawmakers had questioned the nominee, steven t. mnuchin, about foreclosures conducted






senate confirms mnuchin as treasury secretary


steven mnuchin, treasury secretary nominee for president donald trump, speaks during a senate hearing in washington on jan. 19. photographer: andrew harrer/bloombergthe senate confirmed steven t. mnuchin as treasury secretary in a narrow vote monday evening, putting an end to a contentious and protracted debate while adding another former banker to president trump's roster of advisers.mnuchin ran a bank, onewest, that foreclosed on tens of thousands of americans following the financial crisis, and democrats argued that he would not represent the financial interests of ordinary americans in office. mnuchin and his allies claimed that onewest's foreclosures were largely in accordance with federal guidelines.as secretary, mnuchin will be responsible for managing the nation's finances from day






cuomo has family ties to his new state operations director


albany — the father of gov. cuomo’s new state operations director once served with the governor in president bill clinton’s administration. cuomo recently named james (jamie) rubin, who held several other positions in the administration, to the powerful post that overseas all state agencies. rubin’s father is robert rubin, who began in the clinton administration in 1993 and served as treasury secretary from 1995 to 1999. he was said to be among those who pushed for the deregulation of wall street during his time with clinton. cuomo was clinton’s secretary of housing and urban development from 1997 to 2001. rubin, a former co-chairman at goldman sachs, held a top role at citigroup after departing washington.gov. cuomo signs bill that blocks nyc disposable bag fee cuomo appointed jamie rubi