Reuters: U.S.

Wednesday, September 13, 2017

News Alert: Trump’s tax lieutenants face a critical stretch

 
 
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Trump’s tax lieutenants face a critical stretch
President Trump’s economic team is heading into a critical stretch on tax reform in a weakened position that could make the task even more difficult.

National Economic Council Director Gary Cohn and Treasury Secretary Steven Mnuchin are two of the administration’s key negotiators and pitchmen on a tax-code overhaul.

But Cohn’s relationship with Trump was badly damaged by his criticism of the president’s response to white supremacist marches in Charlottesville, Va., raising doubts about his clout with the president.

Mnuchin has had trials of his own, having received a tongue-lashing from House Republicans for an off-key presentation last week where he pressed them to raise the debt ceiling as a favor to him. One Republican fuming over the speech told The Hill it was an “arrogant lecture.”  
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