WASHINGTON — The Trump administration is prepping recommendations to address shortcomings in the capital markets in a report to be released next month, a top Treasury Department official said Monday.

Craig Phillips, who serves as counselor to Treasury Secretary Steven Mnuchin, said fixes will focus on "access to equity capital" and making U.S. markets competitive for private and public companies.

Subscribe Now

Authoritative analysis and perspective for every segment of the credit union industry

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.