From Wikipedia:
https://en.wikipedia.org/wiki/Steven_Mnuchin
Steven Mnuchin was born to a Jewish family, circa 1963. He is the son of Elaine Terner Cooper, of New York, and Robert E. Mnuchin, of Washington, Connecticut.
His father was a banker, a partner at Goldman Sachs, in charge of equity trading and a member of the management committee, and the founder of the Mnuchin Gallery at 45 East 78th Street, New York. He graduated from Yale University.
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Mnuchin amassed a fortune estimated at over $40 million while working for Goldman Sachs for 17 years, where his father had worked for three decades and had also made a fortune.
In 2002, Mnuchin left Goldman and worked briefly for his Yale roommate Edward Lampert, chief executive of Sears. He also briefly worked for Soros Fund Management in their private equity division during the “Goldman” period with Jacob Goldfield and Mark Schwartz.
After this stint, he founded RatPac-Dune Entertainment, which produced a number of notable films, including the X-Men film franchise and Avatar.
Dune bought the failed housing lender IndyMac in 2009, buying it out of bankruptcy from the FDIC and renaming it OneWest with Mnuchin as chair. According to The New York Times, OneWest “was involved in a string of lawsuits over questionable foreclosures, and settled several cases for millions of dollars.” OneWest was sold to CIT Group in 2015.
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In Hollywood, Mnuchin, along with film producer Brett Ratner and financier James Packer, working with RatPac-Dune Entertainment, produced American Sniper and Mad Max: Fury Road. Mnuchin was co-chairman of the trio’s movie company, Relativity Media
I am happiest of all that I am not hearing the same old names as has been running things for decades
Great, he was the campaign treasurer and loyalty should be rewarded when the person in question is also highly qualified and experienced.
Wait, wasn’t Heidi Cruz evil because she worked at Goldman?
So hard to keep up.
In seriousness, looks like a good choice.
Love!!!
Am I too fussy to have a problem with his connection with Cameron’s “Avatar” in which the Marines were portrayed as wanton killers and cretins.
Just a tad incongruous for Trump, who professes to love our military and vets!
Please not!
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.
Oh brother!
Except for a few outliers here and there... I like it!
Can Mnuchin buy a vowel?
Goldman Sachs controls America.
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.
I see no reason to be enthusiastic about this pick.
I am okay with this. But Trump having dinner tonight with Romney? Ugh—turns my stomach.
He was Exec Producer of “Our Brand Is Crisis”......watch it if you get the chance.....many similarities to 2016 Election.
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.