Posted on 11/29/2016 2:41:20 PM PST by SeekAndFind
Steven Terner Mnuchin, a financier with deep roots on Wall Street and in Hollywood but no government experience, is expected to be named Donald J. Trumps Treasury secretary as soon as Wednesday, sources close to the transition say.
Mr. Mnuchin, 53, was the national finance chairman for Mr. Trumps 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 administrations 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 Obamas nuclear deal with Iran and opening to Cuba by reimposing sanctions on Tehran and Havana.
His selection fits uneasily with much of Mr. Trumps campaign rhetoric attacking the financial industry. Mr. Trump, in a campaign ad intended as a closing argument, portrayed the chief executive of Goldman Sachs as the personification of a global elite that the ad said had robbed our working class.
But Mr. Mnuchin has said that he agrees with Mr. Trumps priorities, and he was an early supporter of a candidate who clearly prizes loyalty.
When Mr. Trump won New Yorks Republican presidential primary in April, Mr. Mnuchin attended the victory party. The next day, he accepted Mr. Trumps invitation to become the campaigns national finance director.
A number of Mr. Mnuchins friends made comments to various publications expressing shock at the decision. Mr. Mnuchin was unfazed.
Nobodys going to be, like, Well, why did he do this? if I end up in the administration, he told Bloomberg Businessweek
(Excerpt) Read more at nytimes.com ...
It is an ever-moving and always unfathomable changing standard which I fail to understand. We are in Lib territory where it is not the “what” but the “who” does the “what” that determines if something is okay or not. “We are all cognitive dissonants now?”
Who else do we know graduated from Yale?
I hate Yale.
He knows every nut and bolt in “The Machine”, who’s who, and where the bodis are buried. It’s a gamble to hire somebody like that to run Treasury. But it’s better than putting a politician or lawyer (I repeat myself) in charge.
People say all kinds of stuff during a political campaign.
But wasn’t this what everybody was upset about? Someone might as well lie ALL the time as HALF the time.
RE: Who else do we know graduated from Yale?
I hate Yale.
____________________________________________
For those who don’t know, here’s an interesting trivia:
Yale has been called the Gay Ivy, but a roughly comparable proportion of Yale and Harvard respondents identified as gay, bisexual, questioning, or other in the two surveys10 percent of the Harvard freshmen polled and 13 percent at Yale.
SOURCE: www.thecrimson.com/article/2014/9/5/freshman-survey-part-v/
I see no reason to be enthusiastic about this pick.
I concur. Just mocking the mouth-breathers.
You too? hahahaha
Ditto.
This will explain everything.
Here is the Superman related segment from that hour long satire piece.
I am okay with this. But Trump having dinner tonight with Romney? Ugh—turns my stomach.
The Joooos.
>Wait, wasnt Heidi Cruz evil because she worked at Goldman?
Her work on the North American Union was the reason I very much disliked her.
>Another Goldman-Sachs operative for treasury?
After Trump and his campaign (rightly!) ravaged Heidi Cruz and Hilliary for their Goldman-Sachs connections?
Trump even singled out Goldman-Sachs boss Blankfein as a chief globalist villain, for heavens sake!
>I would be very dissapointed over this pick.
I’m not. Trump is more than willing to dump people the minute they screw up or push their own agenda. Look at the fall of Chris Christie. Trump loved the guy but once he started stocking the transition team with the type of people Trump didn’t want Trump sent him and his people packing. If this pick doesn’t work out, Trump will dump him quick which should keep such people on their toes.
The guy he picked is not Goldman-Sachs.
He was Exec Producer of “Our Brand Is Crisis”......watch it if you get the chance.....many similarities to 2016 Election.
If you listened to superman back in the radio days, Clark Kent’s whole voice changed when he became superman. Also, unlike in the movies, most of the people who saw him were in crisis and he was moving fast and he never hung around afterward... it was always, up, up and away!
Leni
This is my first real disappointment.
I know it was maybe a pipe dream but I had heard Trump was talking to a few guys who wanted to end the Federal Reserve. Mnuchin is not of that ilk.
Ending the federal reserve may be the most essential ingredient in draining the swamp. The swamp can’t be drained as long as we have the Fed scam in operation, creating bubble after bubble and distorting markets beyond all recognition. The privately owned banks that comprise the fed use for their own profit at the expense of leading us down a debt ridden and unsustainable path to hell. While they plunge the nation into deeper and deeper debt, they use the reserves to buy up hard assets and diversify against the very bankruptcy they are causing.
Maybe I shouldn’t have been, but I was getting my hopes up. An anti public school anti teachers union secretary of education? a man made climate change denier heading EPA? A pro law-and-order AG? I was seeing a great pattern here.
But now a Goldman Sachs treasury secretary?
I was really hoping for an anti Fed treasury secretary.
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