“The White House is poised to give its budget office greater control over some of the Treasury Department’s regulations, handing budget director Mick Mulvaney a victory in a months-long power struggle with Treasury Secretary Steven Mnuchin,” Politico reports.
“The move, which could come in the next few weeks, would end the autonomy the Treasury Department has enjoyed since the 1980s when it comes to issuing tax rules, while giving greater power to one of Trump’s favorite Cabinet members at the expense of another. The highly sensitive debate has consumed the attention of top officials at both agencies.”
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