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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHMMM...a financier with deep Wall Street roots, no government experience, shaping Trump's tax cuts
WASHINGTON 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, people 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.
http://www.nytimes.com/2016/11/29/us/politics/steven-terner-mnuchin-trump-treasury-secretary.html?_r=0
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HMMM...a financier with deep Wall Street roots, no government experience, shaping Trump's tax cuts (Original Post)
Miles Archer
Nov 2016
OP
Proud Liberal Dem
(24,399 posts)1. Thank goodness we didn't elect Hillary Clinton!
dhol82
(9,352 posts)2. Yeah. She had..........(gasp).........emails!
Son of a freaking bitch!
Proud Liberal Dem
(24,399 posts)4. And gave paid speeches on Wall Street!!!
n/t
doc03
(35,321 posts)3. What happened to that "Drain the Swamp" crap n/t
Proud Liberal Dem
(24,399 posts)5. He....ummm...lied
Brace yourself. They'll be lots more of that to come