Free Republic

Donald Trump will nominate Steve Mnuchin, who has ties to both Wall Street and Hollywood, to be treasury secretary, according to a report Tuesday. The 53-year-old, who also served as finance director for the presidential campaign, was at Trump Tower on Tuesday to meet with the transition team.

In an oddly ironic twist, today Donald Trump announced that he has picked as chairman of his newly launched fundraising operation none other than a former employee of the bank he has repeatedly criticized in the past, and which he used as a foil to criticize Ted Cruz: Goldman Sachs. Trump announced that heading up his own personal fundraising operation as national finance chairman will be Steven Mnuchin, a long-time business associate, chairman and CEO of the hedge fund Dune Capital. More importantly, however, he spent 17 years at Goldman Sachs where he was most recently a Partner, having built...

Believe it or not, the job may go to a former Clinton donor if Trump is elected. Donald Trump has told prospective donors that, if elected president, he plans to nominate former Goldman Sachs banker Steve Mnuchin for U.S. Treasury Secretary. That’s according to Anthony Scaramucci, a high-profile hedge fund manager and Trump fundraiser. Mnuchin, who is a former donor to Hillary Clinton, spent 17 years with Goldman Sachs, where his father also had been a prominent executive. He later worked with investment groups affiliated with George Soros, including as chairman of controversial mortgage lender OneWest Bank Group (which would...

John Paulson and George Soros Score Big Selling OneWest Bank For $3.4 Billion Comment Now Follow Comments A gang made up of some of Wall Street’s biggest names and formed by former Goldman Sachs partner Steve Mnuchin is set to realize a big score from the sale of OneWest Bank to CIT Group CIT +11.19% for $3.4 billion. Hedge fund billionaires John Paulson and George Soros were part of the group that together with buyout baron Christopher Flowers and billionaire Michael Dell bought the assets in 2009 of the former IndyMac, one of the nation’s largest bank failures ever, from...