White House's Cohn: Can exceed 3% growth with tax cuts & deregulations

White House economic adviser Gary Cohn delivered his remarks on the tax reform in an interview on Bloomberg TV, with key quotes, via LiveSquawk, found below:

•  Tax cut is needed to bolster economic growth
• Can exceed 3% growth with tax cuts & deregulations
• Still not at growth pace we want to achieve
• Business tax structure is too high
• Declines to comment on search for Fed Chair
• Can raise participation rate