Donald Trump’s new economic team has vowed to push ahead with his far-reaching policy proposals to slash taxes, loosen bank regulation and shake up US links with China and other trading partners.
The pledges to stand firm on Mr Trump’s bold campaign promises came as the president-elect on Wednesday nominated former Goldman Sachs banker Steven Mnuchin as Treasury secretary and confirmed the private equity mogul Wilbur Ross as his choice for commerce secretary.
Mr Mnuchin told CNBC Americans should expect the “l(fā)argest tax change since [Ronald] Reagan”.
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