On the recordFebruary 10, 2017
I come to the floor this afternoon with my colleagues to speak about the nomination of Steve Mnuchin for the Secretary of Treasury. We all know this is a very important economic position in our Federal Government, but it is also a position of great importance for the entire world economy. The Secretary of Treasury is a key Presidential adviser on important economic and tax policy, and has an impact on the lives of millions of people across the United States. But most importantly, the Secretary will be on the front lines protecting and restoring our economy from the unbelievable economic crisis that we faced in 2008. I like to say that this crisis--which, according to the Dallas Fed, which cost us $14 trillion--is not over. That is, average Americans still have not recovered from the crisis when it comes to their 401(k) or their pension or the opportunity to send their kids to school or perhaps even homeownership. It is very important that we have a Treasury Secretary who not only says that they will protect the United States in the future from another financial crisis, but that they are also on the job making sure we restore economic opportunities for everyday Americans. I would have to say that Mr. Mnuchin certainly has lived the American dream. You would say that he is a man who has achieved financial success. But is he going to fight for the average American who has not achieved that success because of the economic downturn in 2008?…





