{"id":62124,"date":"2018-04-03T12:46:27","date_gmt":"2018-04-03T12:46:27","guid":{"rendered":"https:\/\/www.biphoo.com\/bipnews\/?p=62124"},"modified":"2018-04-03T12:46:27","modified_gmt":"2018-04-03T12:46:27","slug":"trump-to-nominate-muzinich-as-treasury-deputy-secretary-white-house","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/business\/trump-to-nominate-muzinich-as-treasury-deputy-secretary-white-house.html","title":{"rendered":"Trump to nominate Muzinich as Treasury deputy secretary: White House"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Trump to nominate Muzinich as Treasury deputy secretary: White House<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">U.S. President Donald Trump intends to nominate Justin Muzinich, an aide to Treasury Secretary Steven Mnuchin, to be the deputy secretary of the Treasury, the White House said on Monday.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Muzinich advises Mnuchin on tax reform and other domestic and international policy initiatives, the White House statement said. Before joining the Treasury Department, he was president of Muzinich &amp; Co, an international investment firm, and taught at Columbia Business School, the statement added.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">The New York Times said the Treasury had operated without a full-time deputy secretary, a position that includes overseeing a broad portfolio of policy matters such as taxes, financial regulation, trade and economic sanctions, since Mnuchin was confirmed early last year.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Trump has been revamping his economic team in recent weeks, including appointing Larry Kudlow as director of the National Economic Council to replace Gary Cohn.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">\u201cFar from a flamethrower, Mr. Muzinich, who spent most of his career on Wall Street, will add a more moderate voice with traditional conservative economic ideas to the table,\u201d the Times said.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">It said Muzinich, 40, had been serving as Mr. Mnuchin\u2019s tax counselor and played a central role in drawing up and negotiating the $1.5 trillion tax overhaul passed by the U.S. Congress late last year.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">The Times said Mnuchin welcomed the nomination in a statement and added: \u201cJustin has established himself as a leader in the department, and played a key role in the passage of the Tax Cuts &amp; Jobs Act.\u201d<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">\u201cHe brings significant experience in financial services and in public policy and has become a reliable and trusted adviser on a number of important issues,\u201d the secretary said.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">During the 2016 presidential campaign, the Times said, Muzinich served as policy director for former Florida Governor Jeb Bush, one of more than a dozen Republican candidates defeated by Trump, and helped to craft Bush\u2019s tax plan.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 8pt;color: #000000\">Source:-https:\/\/www.reuters.com\/article\/us-usa-trump-treasury\/trump-to-nominate-muzinich-as-treasury-deputy-secretary-white-house-idUSKCN1H91Y9<\/span><\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.biphoo.com\/bipnews\/business\/trump-to-nominate-muzinich-as-treasury-deputy-secretary-white-house.html\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 630px !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>Trump to nominate Muzinich as Treasury deputy secretary: White House U.S. President Donald Trump intends to nominate Justin Muzinich, an aide to Treasury Secretary Steven Mnuchin, to be the deputy secretary of the Treasury, the White House said on Monday. Muzinich advises Mnuchin on tax reform and other domestic and [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":62125,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[146,117626,128711,30775,128710,128716],"class_list":["post-62124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business-news","tag-business-news-today","tag-latest-and-daily-business-news","tag-latest-business-news-usa","tag-live-updates-news","tag-trump-to-nominate-muzinich-as-treasury-deputy-secretary-white-house"],"_links":{"self":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/62124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/comments?post=62124"}],"version-history":[{"count":0,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/62124\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media\/62125"}],"wp:attachment":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media?parent=62124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/categories?post=62124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/tags?post=62124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}