Steven Mnuchin: “We will make sure that we work with Congress to make sure that we close loopholes so rich people do not use this as a…”

The reforms would standardize the approach to capital regulation, improve the quality and consistency of bank capital requirements, and level the playing field for U.S. banks.

I don’t think anybody should look at what’s a natural, healthy correction of these indexes as indicating that the economy’s in trouble.

I don’t think we’re going to have a recession. I don’t think the outlook looks like we’re going to have a recession.

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.