FOR IMMEDIATE RELEASE
November 30, 2016
Washington, D.C. – The Financial Services Roundtable (FSR) released the following statement following President-Elect Donald Trump’s nomination of Steve Mnuchin for Treasury Secretary:
“Steve is a seasoned and results-oriented leader who is really smart, interested in public policy, and understands the urgent need to boost economic growth and opportunity,” said FSR CEO Tim Pawlenty.
The Treasury Secretary plays a critical role in promoting an environment that is good for economic growth. The financial industry plays a vital role in that growth through lending, building robust capital markets, and helping consumers meet their financial goals under appropriate regulation by Treasury and others. FSR looks forward to working with the next Secretary on issues including improving transparency and clarity from federal financial regulators, SIFI designation reform, tax reform, and other important issues.
The Financial Services Roundtable represents the largest integrated financial services companies providing banking, insurance, payment and investment products and services to the American consumer. Member companies participate through the Chief Executive Officer and other senior executives nominated by the CEO. FSR member companies provide fuel for America’s economic engine, accounting for $92.7 trillion in managed assets, $1.2 trillion in revenue, and 2.3 million jobs. Learn more at FSRoundtable.org.