Mnuchin: "Extraordinary" If Tax Reform Gets Done This Year; "No Question" Market Drops If Bill Fails

Barely a day after Gary Cohn told an audience at the annual meeting of the American Bankers Association that Congress has a “unique opportunity” to pass tax reform by the end of the year, Treasury Secretary Steven Mnuchin – who shares responsibility for the administration’s tax agenda alongside Cohn – acknowledged the truth about Trump’s No. 1 legislative priority: namely, that it would be “extraordinary” if the Republicans could pass tax reform by year’s end.