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Keyword: treasurysecy

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  • Wall Street Reacts To Steve Mnuchin Choice For Treasury Secretary

    11/30/2016 10:02:04 AM PST · by SeekAndFind · 6 replies
    Zero Hedge ^ | 11/30/2016
    Following the news that Steve Mnuchin would be US Trasury Secretary, Wall Street analysts offered mixed predictions on which policies Donald Trump’s choice for Treasury secretary may pursue, as they have little to go on other than Mnuchin’s background with Goldman, buying/selling the former Indy Mac. The prevailing consensus is that Mnuchin’s Wall Street past will lead to easing regulations, tax policies; but at the same time, Mnuchin may not help larger banks as he may focus on regionals and/or seek to distance himself from his GS/IndyMac past. For now optimism dominates, as banks gain, with the KBW banks...
  • Steven Mnuchin Is Donald Trump’s Expected Choice for Treasury Secretary

    11/29/2016 2:41:20 PM PST · by SeekAndFind · 71 replies
    New York Times ^ | 11/29/2016 | By BINYAMIN APPELBAUM and MAGGIE HABERMANNOV
    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...