Economy Update From NPR: Trump Treasury Nominee Defends Role In Foreclosure Crisis

Trump Treasury Nominee Defends Role In Foreclosure Crisis
Steven Mnuchin, Donald Trump’s pick for treasury secretary, said the bank he ran did what it could to minimize foreclosures during the financial crisis. He also defended his use of offshore accounts for hedge fund clients, while acknowledging the need to close loopholes. Mnuchin also told lawmakers he thinks the Internal Revenue Service needs a bigger staff and better technology.

Read more on NPR

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