U.S. Treasury | KERA News

U.S. Treasury

The Senate voted to confirm Steven Mnuchin as President Trump's Treasury secretary in a 53-47 vote Monday.

Mnuchin's approval came over the objections of some Democratic senators who pointed to Mnuchin's business record running a bank that hastily foreclosed on homeowners. It also drew fire from those who say that with the appointment of Mnuchin and other former bankers to key roles close to the White House, the administration is going back on its promise to get tough on Wall Street.

U.S. Treasury Secretary Timothy Geithner says the economy is much stronger than just a few years ago, but tax reform is needed for sustained growth. KERA’s Bill Zeeble reports some in the energy industry who attended Geithner’s Dallas appearance disagree with the Secretary.