US Treasury Sec. Mnuchin: Hopeful that tax reform will be done by end of 2017

US Treasury Secretary Mnuchin delivered his remarks on CNBC with the key quotes, via LiveSquawk, found below:

• Storms will have GDP impact 
• Working closely with Trump on Fed Chair decision
• Yellen is being considered for Fed Chair, along with other candidates
• Hopes to pass tax reform on bipartisan basis
• Prepared to use reconciliation procedures if can’t get 60 Senate votes on taxes
• Doesn’t know if 15% corporate tax rate is achievable
• Worried about debt as it passes $20 trillion
• Hopeful that tax reform will be done by end of 2017
• Trump still wants healthcare reform but not a major focus
• Trump will demand in September increase in military spending
• In regard to North Korea, economic warfare works
• If China doesn’t follow UN sanctions, Treasury will sanction Beijing