Cabinet Nominees: Senate and Mnuchin

cabinet nominees: He said he had followed the advice of a lawyer who believed the disclosures were not necessary, according to The Japan Times. But Democrats seized on the issue as evidence of serious ethics challenges among Trump's Cabinet nominees. Mnuchin said the failure to disclose the assets was an oversight that he had corrected when it was brought to his attention by staffers of the Senate Finance Committee. Never before has the Senate considered such an ethically challenged slate of nominees for key Cabinet positions, Senate Democratic Leader Chuck Schumer said in a statement. Mnuchin said he had never used the Cayman Islands to avoid paying his taxes. In the hearing, Democrats on the Senate panel challenged Mnuchin's explanations, suggesting it was because he did not want to reveal his involvement in a business that could be used as an offshore tax haven. (news.financializer.com). As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.