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  • US Treasury Secretary Steven Mnuchin on Thursday pledged a new round of tax cuts that he said would benefit ordinary Americans. "The president has asked us to start working on what we call tax 2.0," Mnuchin said told CNBC from the global economic forum Davos, Switzerland. "They'll be tax cuts for the middle class and also be looking at other incentives to stimulate economic growth." President Donald Trump, who faces a tough reelection bid in November, raised the possibility of tax cuts earlier this week. dg/hs
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  • US Treasury Secretary pledges tax cuts for 'middle class'
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