Finance committee in about an hour. Well bring it to you live. Plus netflix boom ten years after launching its u. S. Streaming service. Netflix crushes earnings expectations. Not just its largest quarterly subscriber gain in history. And ecb leaving rates unchanged. Nasdaq futures pointing to a mostly flat open but dow on pace to drop for a fifth session in a row. First up, more trump cabinet picks heading to the hill for more confirmation hearings including Steven Mnuchin, president elects choice for secretary treasury to appear before Senate Finance in about an hour. Expected to be grilled on his role overseeing foreclosures while running one west which was indymac, also expected to be asked whether he agrees with weaker dollar policy, a lot to get to today. Look, i was involved with in indy mac, which he bought, people are willing to leave their homes before they leave their cars and it was the most reckless there was and they reamed me on it. And this guy went and bought indy mac a
Threaten strengthening how the department fights terror. I strongly believe and understand that there are very, very important tools within the Treasury Department that can come pat terrorism and that many of these tools such as sanctions are extremely effective and keep our Armed Service out of harm. So i am fully committed to the maximum amount of law to both enforce the existing sanctions in a very strict way and i will work with the president elect as he sees fit on additional sanctions and there are also other programs within treasury that i believe are very, very effective in fighting terrorism. Its a very important part of the treasury. And i know that that has been done very effectively. We all agree its important. What were trying to do is assess your qualifications. You havent been willing to talk medicare, havent been willing to talk specifics on terror. Lets talk about qualifications on the committee on Foreign Investment because this is Something Else you would have respon
Now treasury sect nominee Steven Mnuchin testifies before the Senate Finance Committee Help faced questions on hi as ceo of one west, bank that foreclosed on thousands of home owners after the 2008 downturn. This portion of the hearing is three and a half hours. Committee will come to order. Welcome to this more mornings hearing. Well discuss the nomination of mr. Steven mnuchin to serve as secretary of treasury for the Incoming Trump administration. I want to officially welcome mr. Mnuchin for to the finance committee. I certainly appreciate your willingness to appear before us here today and to serve in this important position. The position of treasury secretary is among the most important in the executive branch. The next treasury secretary will be asked a lot of questions that are going to very, very important here today. Well be talking about advancing policies that will improve our inagurations economic and fiscal outlook. This position oversees the collection of taxes and the ma
Senator hatch committee will come to order. Welcome to everyone to this mornings hearing. We will discuss the nomination of mr. Steve mnuchin to serve as secretary of treasury for the Incoming Trump administration. I want to officially welcome mr. Munchin to the finance committee. I appreciate your willingness to appear before us here today and serve in this important position. The position of treasury secretary is among the most important in the executive ranch. The next treasury secretary will be asked will be asked a lot of questions that are going to be very, very important here today. They will be we are going to be talking about advancing policies to improve our nations economic and fiscal outlook. This position oversees both the collection of taxes and the management of our debt and in addition, as Congress Works to reform our nations tax code and fix our broken health care system, it is absolutely essential that we have a cooperative partner overseeing reasury. That is, quite f
Economic a fcaoutloo th pition eres botth llti otas d the name of oude a i adti, cgress rkto rermuratntax co a fioubrenealth re syemits sotely esseiath wha a coerivpaneovseng trsu. Ats,ui fnk, sothg as enisng r e stig yrss e amtrsu h bom creasilypae d nrponsivtonqri fm ngress. Sos we csir. Ncn ucn, comniti opolicy lle onmyypy top ioti. Beevthpridtec has lected nin w wl ove clear anl counatn d wli t wo with congssn es alimrtt effos. We dcuedomg erer th hisoing tne two ve cse wh mbs th cmittee and he s mmittetoo. Anotr prioty fore lle the vaemt pgrth adpoci. While ustr is e inpa en for trade poly, easuryla a key rolin sevel poanars, cluding thdeloenof teatnainstnt agemtsnd oversig o sts venue funcons. T n aintrion cos , wa tma se rs d resthat outre lieso harm. Pross , r ame, po ularaimrt tariffs t key tool intertial policy need bcafuy altetonse eyo not hu uatom inddio iant toak eath a n trade agemtsstlish the hh stdas r s. Akolrs. Coistentitthe tre omioauory ate entein01 fill ixpect u ea