I did not use a Cayman Island entity to avoid paying taxes for myself.
From Steve Mnuchin
We shouldn't be encouraging people to set up Cayman Island funds.
In the press, it has been said that I ran a foreclosure machine.
Taxes are way too complicated, and people spend way too much time worrying about ways to get them lower.
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.
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 have given to Democrats in the past. I've always believed in supporting the best candidate at the time.
I've been focused on the West Coast economy and being a banker and lending in these markets.
I wouldn't in any way say I distanced myself from Wall Street.
I have very good friends on Wall Street.
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