Two people familiar with Trumps selection process said Nov. 23 that Allison was a late entrant to the Treasury short list. More from Bloomberg.com: Trump Sees Petraeus as Secretary of State Fight Continues A director at investment bank Moelis & Co. who has called for a repeal of 95 percent of regulations, Allison, 68, reiterated his desire to see such cuts, particularly those that he said stifle the creation of small businesses. Some rollbacks may be politically unpalatable, he said. Id like to see the repeal of Dodd-Frank, Allison said of the banking regulation bill passed after the 2008 financial crisis that set strict capital requirements on banks. I dont think thatll happen politically, but Dodd-Frank can be radically revised. More from Bloomberg.com: Trump Laments Sad Waste of click this over here now Time and Money on Upcoming Recount A critic of the Federal Reserve who also served as CEO of the libertarian-leaning, nonprofit Cato Institute, Allison said his long-term ambition for monetary policy would be to get rid of the Federal Reserve and get back to a private banking system. The Fed is a scary organization because theres no control, http://lovechasehayes.redcarolinaparaguay.org/2016/08/05/introducing-realistic-systems-for-job he said. Allison said he would want to see rules that would constrain or define the Feds ability to change interest rates in response to economic conditions because of what he called a very difficult mess. He didnt specify the nature, but both Allison and Trump have said low interest rates create or exacerbate asset bubbles. More from Bloomberg.com: GOP Eyes Lightning Strike on Obamacare to Kick Off Trump Era Although the two work closely together, the Fed is independent of the Treasury. Steven Mnuchin, a former Goldman Sachs Group Inc.
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Tom Price as health secretary Politics Associated Press Nov 29, 2016 In this March 17, 2015, file photo, House Budget Committee Chairman Rep. Tom Price, R-Ga., center, holds-up a synopsis of the House Republican budget proposal.Cliff Owen | AP 2015 President-elect Donald Trump has selected Georgia Rep. Tom Price, a leading critic of President Barack Obama’s sweeping health care law, to head the Department of Health and Human Services. If confirmed by the Senate, Price would play a central role in Republican efforts to repeal and replace the current health care law. no data Trump has pledged to move quickly on overhauling the landmark measure, but has been vague about what he hopes to see in a replacement bill. Also, Seema Verna was picked to become administrator of the Centers for Medicare and Medicaid Services. Full coverage: Election 2016 Breaking news: Live updates from Election 2016 The president-elect has said he favors keeping provisions that allow young people to stay on their parents’ health insurance and which prevent insurance companies from denying coverage to those with pre-existing conditions. Price, a 62-year-old six-term congressman and orthopedic surgeon, has chaired the House Budget Committee for the past two years. A bookish conservative from the Atlanta suburbs, Price has worked closely with House Speaker Paul Ryan to assemble GOP budgets aimed at reducing the annual deficit. Last week, Price said that whatever Republicans do to replace Obama’s health care law will bear a “significant resemblance” to a 2015 measure that was vetoed by the president.
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