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Mnuchin Calls for Boosting IRS Despite House Plan to Streamline

  • Treasury nominee said agency needs more staff, new technology
  • House Republican tax blueprint called for streamlining agency
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Treasury Pick Mnuchin Faces Heat at Senate Hearing

Treasury Secretary nominee Steven Mnuchin said one of his priorities if confirmed would be to increase staff and modernize technology at the Internal Revenue Service -- a move that Republicans who control the agency’s budget may reject.

“I would use my expertise to bring the IRS up to date,” Mnuchin, a former Goldman Sachs Group Inc. executive turned Hollywood movie financier, said during his confirmation hearing before the Senate Finance Committee on Thursday.