US Treasury's Mnuchin confirms that business tax will be 15% in Trump tax reform plan - Reuters

More headlines are hitting the wires, via Reuters, from U.S. Treasury Secretary Steven Mnuchin, as he confirms that business tax will be 15% in Trump tax reform plan.

Key quotes (via Reuters):

• Administration will release details of tax plan later on Wednesday
• Small business will have the benefit of business rate
• There is fundamental agreement with congress on goals of tax reform, details to be worked out
• Administration does not think border tax will work in its current form
• Administration aims to take up Fannie and Freddie reform in latter half of 2017
• Trump tax plan will include proposed increase in standard deduction that individuals can claim on tax returns