Top 70 Quotes & Sayings by Steve Mnuchin
Explore popular quotes and sayings by an American public servant Steve Mnuchin.
Last updated on December 23, 2024.
In the press, it has been said that I ran a foreclosure machine.
We're really going to be focused on economic growth and creating jobs, and that's really going to be a priority.
I would say the No. 1 problem with the Volcker Rule is it's too complicated, and people don't know how to interpret it.
I don't support going back to Glass-Steagall as is.
There will be a big tax cut for the middle class. But any tax cuts we have for the upper class will be offset by less deductions that will pay for it.
I think the United States is the greatest country in the world to invest in.
Separating out banks and investment banks right now under Glass-Steagall would have very big implications to the liquidity and the capital markets and banks being able to perform necessary lending.
We gotta get Fannie and Freddie out of government ownership. It makes no sense that these are owned by the government and have been controlled by the government for as long as they have.
Look, there is no question the Hollywood crowd predominantly supports Democrats. But within Los Angeles, there's a big community, and there's a large community of support for the Republican party and Republican candidates.
There's very widespread grassroots support for Donald Trump, one that Republicans have not seen before.
The number one problem with Dodd-Frank is it's way too complicated, and it cuts back lending, so we want to strip back parts of Dodd-Frank that prevent banks from lending, and that will be the number one priority on the regulatory side.
There is no question: the Hollywood crowd predominantly supports Democrats.
I wouldn't in any way say I distanced myself from Wall Street.
I would deal with President Trump's business no different than I would deal with any other business that comes before the committee.
I will use my expertise in technology to bring the IRS up to date.
To the extent the dollar gains strength relative to other currencies, assets priced in those other currencies would become cheaper on a dollar basis.
I have very good friends on Wall Street.
The IMF and other multilateral institutions do not appear to have prevented nations from manipulating the value of their own currencies.
The way to reduce the debt is by economic growth.
The most troubling loan we had was actually to the 'Octomom'. That was a terrible situation, and we worked very, very hard to move her to another home that they could afford.
I did not use a Cayman Island entity to avoid paying taxes for myself.
We should address the issues for nonprofits and pensions and why they need to invest in these offshore funds.
We were the first bank to start a loan modification at IndyMac and had a very good record of working with the regulators.
I understand what needs to be done to fix the economy.
I've always believed in supporting the best candidate at the time.
My No. 1 priority is growth in the economy. Tax reform will be our first and most important part of that.
We shouldn't be encouraging people to set up Cayman Island funds.
A stronger dollar increases U.S. dollar purchasing power.
The strength of the dollar has historically been tied to the strength of the U.S. economy and the faith that investors have in doing business in America.
I've had several different careers.
We're going to cut corporate taxes, which will bring huge amounts of jobs back to the United States.
Our most important priority is sustained economic growth, and I think we can absolutely get to sustained 3% to 4% GDP, and that is absolutely critical for the country.
I ran a 'loan modification machine.'
The unemployment rate is not real.
The number one priority is going to be make sure that banks lend.
Proprietary trading does not belong in banks with FDIC insurance.
Taxes are way too complicated, and people spend way too much time worrying about ways to get them lower.
We've been in the business of regional banking, and we understand what it is to make loans, and that's the engine of growth to small and medium sized business.
I firmly believe that the U.S. has to honor its debt.
I have given to Democrats in the past. I've always believed in supporting the best candidate at the time.
I have been maligned as taking advantage of others' hardship in order to make a buck. Nothing could be further from the truth.
Any time I hear 'border adjustment,' I don't love it. Because usually it means we're going to get adjusted into a bad deal.
I wish the company and its associates all the best as Sears Holdings continues on its transformation.
Since I was first nominated to serve as Treasury Secretary, I have been maligned as taking advantage of others' hardships in order to earn a buck. Nothing could be further from the truth.
I fully believe that the U.S. has the obligation to honor its debt.
The IndyMac name had a lot of brand recognition - maybe for the wrong reasons, but there was recognition.
The U.S. currency has been the most attractive currency to be in for very, very long periods of time.
I will maintain the position that, long-term, a strong and dependable dollar is in the best interests of the United States while recognizing that, at times over the long-term, that may not be the case.
Trump has a pro-economic-growth tax plan, and we are sensitive to the cost of that plan.
From time to time, an excessively strong dollar may have negative short-term implications on the economy.
We unfortunately did foreclose on certain people in the military.
I've been focused on the West Coast economy and being a banker and lending in these markets.
I support the Volcker rule, but there needs to be proper definitions around the Volcker rule so that banks can understand exactly what they can do and what they can't do, and that they can provide the necessary function of liquidity in customer markets.
The biggest issue I have with the CFPB is that I don't believe that they should be funded out of profits from the Federal Reserve.
As treasury secretary, I don't see it as my role commenting on the dollar in short-term movements.
We want to see huge growth in this economy in small- and medium-sized businesses.
Any reductions we have in upper-income taxes will be offset by less deductions so that there will be no absolute tax cut for the upper class.
I earnestly feel terrible for any mistakes at the bank.
I think that the United States is the greatest country in the world to invest in.
I felt great empathy for the thousands of Americans who lost their home because of a system that failed them.
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