Trump Picks Former Goldman Banker Steven Mnuchin As Treasury Secretary
by Tyler Durden
ZeroHedge.com
Nov 29, 2016
While it has yet to be officially confirmed by the Trump transition team, moments ago the NYT reported that – in what had previously been leaked on several occasions on various other outlets most notably the WSJ – former Goldman banker and Soros employee, Steven Mnuchin “a financier with deep roots on Wall Street and in Hollywood but no government experience” is expected to be named Donald J. Trump’s Treasury secretary as soon as Wednesday.
From the NYT:
Mnuchin, 53, was the national finance chairman for Mr. Trump’s campaign. He began his career at Goldman Sachs, where he became a partner, before creating his own hedge fund, moving to the West Coast and entering the first rank of movie financiers by bankrolling hits like the “X-Men” franchise and “Avatar.”
As Treasury secretary, Mr. Mnuchin would play an important role in shaping the administration’s economic policies, including a package of promised tax cuts, increased spending on infrastructure and changes in the terms of foreign trade. He could also help lead any effort to roll back President Obama’s nuclear deal with Iran and opening to Cuba by reimposing sanctions on Tehran and Havana.
The Rest…HERE
