Washington — Business Roundtable today welcomed President-elect Donald Trump’s continuing focus on economic growth and jobs, as reflected by his naming Steven Mnuchin to head the Treasury Department and Wilbur L. Ross to lead the Department of Commerce.
“President-elect Trump is putting together an economic team with an impressive record of business accomplishment, a deep understanding of the U.S. and global economy and a clear vision of how to help all Americans share in the nation’s success,” said John Engler, President of Business Roundtable.
“They understand that modernizing our outdated, anticompetitive tax system will be the most effective way to produce the economic growth that puts more people to work in good jobs,” he said.
President-elect Trump has proposed tax reform that includes competitive rates for businesses and removing barriers to companies returning overseas earnings to the United States. In interviews today, Mnuchin and Ross strongly endorsed the reforms as supporting U.S. jobs and investment.
“The Trump economic team is already off to a strong start,” Engler said. “The Roundtable is eager to work with these accomplished leaders to develop the best economic policies that benefit every American.”
As CEO of W.L. Ross, Ross was a member of Business Roundtable from 2003 to 2014.
Earlier this year, Business Roundtable released a plan for accelerating stronger economic growth and job creation. For more information on the plan, visit BRT.org/growth.