Steven Mnuchin: “We support the people of Iran. Our issue is with the government of Iran, and they are using the people's resources on…”

banks spend billions and billions and billions of dollars fulfilling their CRA obligations. I want to make sure it is absolutely going to help communities and isn't just a check the box to satisfy regulators.

We think Iran's behavior is completely unacceptable.

Let me be clear: That is a false choice. Americans should not have to, and did not have to, choose between quickly getting aid during a crisis and preventing the theft or waste of billions of tax dollars.

Housing reform is something we are very focused on, particularly because of the disproportionate impact on certain communities.