Testifies to House Financial Services Committee

  • The administration is looking at supporting the farmers
  • Tariffs are proposed tariffs, they are not enacted yet
  • We will be sensitive to consumer items for exemptions
  • Will likely not move forward with proposed tariffs for 30 to 40 days
  • has never discuss with White House or present the matter of delivering Pres. Trumps tax returns to Congress
  • Urges Congress to raise the debt ceiling.
  • Without raising the debt ceiling sees a late summer default
  • Confidence this Congress will not let a default happen
  • For the benefit of the American public, Congress would raise the debt ceiling soon
  • Trump/Xi likely to see each other at the end of June (i.e. at the G20 meeting).