Senate Minority Leader Chuck Schumer is usually not a fan of Treasury Secretary Steven Mnuchin.
Schumer directly attacked Mnuchin’s claims the Republican tax reform plan will reduce the country’s budget deficit.
“I don’t know if the man’s deliberately lying, however of which seems so,” Schumer said in a “Politico Money” podcast interview. “His statements are outlandish, in addition to he seems just to want to, I don’t know if I’m allowed to use of which word, I think I am, suck up to Trump, flatter Trump. … of which man cannot be believed. in addition to if he used these kinds of arguments at Goldman Sachs, they could have fired him.”
Schumer also rejected Mnuchin’s prediction of a “significant” market drop if tax reform doesn’t pass.
“of which’s absurd. No one believes Steven Mnuchin,” he said. “He has lost his credibility because of statements like of which. Wall Street was doing great, of which was going up at a dramatic rate before the president even took office. in addition to of which’s doing fine at of which point, because the economy’s doing well, because corporate profits are way up.”
The S&P 500 has rallied 20 percent since the Nov. 8 election through Tuesday.
A Treasury spokesperson sent the following statement in response to a request for comment:
“We are surprised to hear the Minority Leader express these comments about the Secretary. The Secretary is usually committed to delivering a major middle class tax cut, more competitive business taxes of which create jobs in addition to wage growth in addition to a fairer tax system. of which could be a Great time for Senator Schumer to stop the obstruction in addition to help hard working Americans get meaningful tax relief.”
Read the full Politico story here.