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20090604
20171121
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DATE
2017 5
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establish the economy's that warned close attention comprising china or germany germany, japan, korea switzerland and taiwan. sold get said agreements and trading practices to make sure they are fair to american business and workers. in my discussions with the imf and finance ministers of the oira i have emphasized this:will continue to do so. turning to our domestic agenda it has been more than 30 years since we've had comprehensive tax reform in this country. combined with regulations crafted in the midst of a crisis prosperity has slowed. the goal of 3 percent gdp are higher economic growth is achievable if we make the reforms do taxes and regulation. and then day have the goal to bring relief to middle income americans to make american business competitive again. but on regulatory reform so with that executive order on both principals that these principles to the approach to financial-services regulation to take that systemic approach to hear what works and what does not and then to have relief on community banks to be appropriately tailored. housing finance reform is another unre
. the president promised to label china a currency manipulator. china has been able to rack up a huge trade surplus because of artificially keeping the currency lower at the expense of our companies. in your testimony, you state the treasury department found no trade partner meets the criteria to be considered a currency manipulator, including china. i guess the question is, what happened? >> thank you. we did a lot of work. attractivevery graphic, but the president told us china was a currency manipulator. what happened. >> on page 13 we specifically reference china's intervention for roughly a decade. there is no question that they did. this is for a very specific period of tiem. we went through a very specific test. if anything, during this period of time, china used the currency reserves to go in the other direction, which is good for american workers and i have had conversations with my counterparts that we will continue to monitor this behavior very carefully. i am glad you liked the graphs. >> very attractive. i am more concerned about the currency manipulation. >> so are we, i
public. china was a championf rrency manilationanthen it was no of t tpayers when i get tax cutand th they would wall street was geing away with murde but now it has too big compliceurn. the carri ierest loophole woulbe clod, but now maybe not. we mus invest a trillion lls our "third world infrastructure," but now there seems to be no rush. no cuts to medicaid. now a $900 blion cut to medicaid is fe. lauhethe examinioof. frank with th claim that credit worthy werowers c get loans, b don't need to, d the prese's words, prime the pump. bank pfi are at record leve. bankoans and profits a a record levels. the president was elected saying wall street s used tremendous proemfors, we are going to taxal street. noth he is in office, he seems to have forgteth problems owa street cat for mile-class families across america. thatmnesia seems to have afcted a number of my colleagues who seem to have forgotten what l -- wh wl street sms to ve done. the psident has aedated puic serva for a banlaer to oversee t bgest banks. he is threatening the consumer bureauone of the only chpions consumers hav
say we, i mean the american public. china was a champion of currency manipulation, and then it was not. of the taxpayers when i get a tax cut, and then they would. wall street was getting away with murder, but now it has too big a compliance burden. the carried interest loophole would be closed, but now maybe not. we must invest a trillion dollars in our "third world infrastructure," but now there seems to be no rush. no cuts to medicaid. now a $900 billion cut to medicaid is fine. the president launched the examination of. frank with the claim that credit worthy borrowers can get loans, but we don't need to, and the president's words, prime the pump. bank profits are at record levels. bank loans and profits are at record levels. the president was elected saying wall street has caused tremendous problems for us, we are going to tax wall street. now that he is in office, he seems to have forgotten the problems of wall street created for middle-class families across america. that amnesia seems to have affected a number of my colleagues who seem to have forgotten what what wall street see
lead if we don't believe you. when i say we, i moan the american public. china was a champion of currency manipulation, then it wasn't. wealthy taxpayer would not get a tax cut, then they would. the deficit would be eliminated in eight year, then it wouldn't. wall street was getting away with murder, now it has too big a compliance burden. the interest loophole would be closed, now maybe not. we must invest $1 trillion in our, quote, third world infrastructure but now that seems to be no rush. no cuts to medicaid that was promised, now a $900 billion cut to medicaid is fine. the president launched the examination of dodd-frank with the claim that credit-worthy borrowers can't get loans but the spigot isn't dry and we don't need to in the president's words, original words, perhaps, prime the pump. loans are at record levels. these are facts that bear repeating. bank loans and profits are at record levels. the president was elected saying wall stret caused tremendous problems for us, we're going to tax wall street, his words. now that he's in office he seems to have forgotten the t
Search Results 0 to 4 of about 5