The administration is looking to boost the corporate tax to 28%, Treasury Secretary Janet Yellen said.
Many are debating the need for such a large stimulus package amid strong retail sales and equity markets.
Mnuchin, whose estimated net worth is over $300 million, said he does not expect to embark on a speaking tour.
The dollar has tumbled 13.1% from its high last March, thanks in part to historic moves by the Federal Reserve.
Janet Yellen, the Treasury secretary nominee, discussed a possible tax hike on those making over $400,000.
If confirmed as Treasury secretary, Janet Yellen said she will work against any moves by other countries to pursue a currency weakening strategy.
Janet Yellen will become the first woman to run the Treasury if confirmed.
The revisions would modify the contracts that govern taxpayers’ backstopping of Fannie and Freddie.
Democratic lawmakers would expect Gensler to undo policies put in place during the Trump administration.
The Federal Housing Finance Agency is now led by a libertarian economist appointed by Donald Trump.
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