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He talks about the Administration Priorities in a sit down with a White House Correspondent from cbs news. To taxe going to get reform because that is a big issue set in motion by the president yesterday. I want to talk about issues also related to the Treasury Department. Its an important part of what you do what the country is trying to achieve. Specifically north korea. David petraeus was just on the stage saying others are discouraged about the trade numbers with china, still trading with north korea. New sanctions were applied last week. Confidencer level of the sanctions will change the chinese behavior, and can you clarify, because there has been different reporting on this, what exactly chinese banks are and are not doing forward with north korea . Sec. Mnuchin thank you for bringing th ....
Were going to get to tax reform because that is a big issue set in motion by the president yesterday. I want to talk about issues also related to the Treasury Department. Its an important part of what you do what the country is trying to achieve. Specifically north korea. David petraeus was just on the stage saying others are discouraged about the trade numbers with china, still trading with north korea. New sanctions were applied last week. What is your level of confidence the sanctions will change the chinese behavior, and can you clarify, because there has been different reporting on this, what exactly chinese banks are and are not doing forward with north korea . Sec. Mnuchin sure, first of all, thank you for bringing that up. I think it is an important topic. I did have the opportunity to go with the resident to the human General Assembly last week. It really was ....
Reporting, what exactly chinese banks are and are not doing Going Forward with north korea . Sure. First of all, thank you for bringing it up. I think its an important topic. I did have the opportunity to go with the president to the u. N. General Assembly Last week. It really was an incredible experience, sitting in the General Assembly and listening to his speech. He also signed last week in new york an executive order, which gives the Treasury Department the most extensive powers on sanctions that we have ever had. These are very important powers. We will be careful in using them, but we think they will have a very big impact. I have to emphasize that its a Going Forward basis. Have they been exercised y ....
Were going to get to tax reform, because thats a very big issue. Set in motion by the president yesterday. But i want to talk about a couple of issues that are also related to the Treasury Department, because theyre an important part of what you do and the country is trying to achieve. Specifically with north korea. David petraeus was just on the stage a few moments ago saying he and others are discouraged by the recent trade numbers indicating that china is still trading with north korea. New sanctions were applied last week. What is your level of confidence those sanctions will change materially . The chinese behavior . And can you clarify, because theres been different reporting about this, what exactly chinese banks are and are not doing Going Forward with north korea . Sure. So first of all, thank you for bringing that up. Because i think its a very important topic. ....