Tax reform, regulatory relief, and fair trade

Treasury Secretary Mnuchin answers questions from a CNBC host. There are three parts to the economic plan he is working on with President Trump: tax reform ("the most sweeping tax reform we've ever had"), regulatory relief, fair trade.

"It is not about tax avoidance. It is about creating opportunities for small and medium-sized businesses.

Why do more details? Because we want to get input from Congress and turn this into a bill.

We have not had tax reform in 30 years!