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Steven Mnuchin Is Donald Trump’s Expected Choice for Treasury Secretary
New York Times ^ | 11/29/2016 | By BINYAMIN APPELBAUM and MAGGIE HABERMANNOV

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. Trump’s Treasury secretary as soon as Wednesday, sources close to the transition say.

Mr. 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.

His selection fits uneasily with much of Mr. Trump’s 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. Trump’s priorities, and he was an early supporter of a candidate who clearly prizes loyalty.

When Mr. Trump won New York’s Republican presidential primary in April, Mr. Mnuchin attended the victory party. The next day, he accepted Mr. Trump’s invitation to become the campaign’s national finance director.

A number of Mr. Mnuchin’s friends made comments to various publications expressing shock at the decision. Mr. Mnuchin was unfazed.

“Nobody’s 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 ...


TOPICS: Government; News/Current Events
KEYWORDS: goldmansachs; mnuchin; onewest; soros; sorosfund; stevenmnuchin; treasury; treasurysecy; trumpcabinet; trumptransition; wallstreet
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To: gaijin

Trump is assembling a group of financial whizzes that will get the Economy and the Markets humming.

His Fed chairman will grease the skids and you’ll see everything he promised about an infrastructure and construction liftoff like nothing ever seen in a half century. Inflationary yes but how else do you pay off 20 trill in debt.

Making America Great Again....nice slogan. This is what is necessary to put feet to the vision.


61 posted on 11/29/2016 4:55:47 PM PST by blackberry1
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To: SeekAndFind

The incestuous relationship between DC and Goldman Sachs is not as swamp draining as I would like.


62 posted on 11/29/2016 5:21:12 PM PST by rbbeachkid (Get out of its way and small business can fix the economy.)
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To: NorthMountain

It wasn’t all lies and bullshit. It was political speech.


63 posted on 11/29/2016 6:03:11 PM PST by FewsOrange
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To: NorthMountain

+1


64 posted on 11/29/2016 6:06:53 PM PST by Mase (Save me from the people who would save me from myself!)
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To: gaijin

Old photo...divorced that wife in 2014. In my opinion a bad choice...Goldman-Sachs insider, Soros co-investor/buddy, Hillary supporter, etc.. We don’t need another GS insider globalist banker...probably pay-back for his role as Trumps’ campaign finance manager.

http://heavy.com/news/2016/05/steven-mnuchin-trump-finance-chairman-wall-street-wife-goldman-sachs-clinton-soros-democrat-photos/

https://en.wikipedia.org/wiki/Steven_Mnuchin

http://www.forbes.com/sites/dorothypomerantz/2013/10/02/onewests-steven-mnuchin-makes-a-big-bet-on-content/#6cd79c106af6


65 posted on 11/29/2016 6:47:46 PM PST by Drago
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To: fhayek
Is there a mnemonic device that will help us know how to pronounce his name?

You might have answered your own question. :-)

66 posted on 11/29/2016 8:34:26 PM PST by Riley (The Fourth Estate is the Fifth Column.)
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To: TheThirdRuffian
Wait, wasn’t Heidi Cruz evil because she worked at Goldman?

Aaaand, Cruz had some undisclosed loans through them ....

Just having worked there at some past time isn't an issue except for those who have plenty of their own issues.

Sounds like his Dad probably helped him get in and he did the deal before moving on.

67 posted on 11/30/2016 2:54:23 AM PST by trebb (Where in the the hell has my country gone?)
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To: Yo-Yo
He ditched the Mom recently.

And now hooks up with this actress instead.


68 posted on 11/30/2016 4:57:11 AM PST by dangus
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To: trebb

Yeah, all the really clever frauds put what they are supposedly hiding on public forms. Super sneaky.


69 posted on 11/30/2016 7:17:07 AM PST by TheThirdRuffian (Orange is the new brown)
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To: TheThirdRuffian

Do I detect a disgruntled Cruz fan or did I misinterpret?


70 posted on 11/30/2016 8:59:45 AM PST by trebb (Where in the the hell has my country gone?)
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To: trebb

I happily voted for Trump, if that is the question.

But silly attacks on other Republicans based on misinformation are stupid, yes.


71 posted on 11/30/2016 9:39:40 AM PST by TheThirdRuffian (Orange is the new brown)
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To: TheThirdRuffian
I happily voted for Trump, if that is the question. But silly attacks on other Republicans based on misinformation are stupid, yes.

Which does nothing to elucidate anyone on the meaning of your post - the same ones who defend Cruz seem to be getting on trump because a few of his picks have worked for Goldman Sachs in the past.

Rather than attack - as your wadded panties seem to think is what I did, I asked a question - if that made you feel attacked, I suggest a dose of big boy pants. (OK, that was an attack)...

72 posted on 11/30/2016 9:44:11 AM PST by trebb (Where in the the hell has my country gone?)
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