HKS Affiliated Authors
James W. Harpel Professor of Capital Formation and Growth
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Excerpt
Mnuchin’s Mission. Jeffrey Frankel, March 22, 2017, Opinion, "US Treasury Secretary Steven Mnuchin is hemmed in on all sides. Domestically, he’s trapped between the promises he has made (such as the “Mnuchin rule” that taxes wouldn’t be cut for the rich), the actions of President Donald Trump (whose tax plan includes cuts for the rich), and simple arithmetic (which makes the administration’s conflicting pledges impossible to fulfill). But even on the international stage, where US treasury secretaries typically enjoy more latitude and esteem, Mnuchin is likely to have a hard time." Link