Treasury nominee initially omitted more than $100 million from disclosures, Democratic memo says
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Source: The Washington Post
President-elect Donald Trumps nominee to lead the Treasury Department initially failed to disclose his interests in a Cayman Islands corporation as well as more than $100 million in personal assets, according to a memo by Democratic staffers on the Senate Finance Committee that was obtained by The Washington Post.
"The reason nominees are allowed to amend their disclosure forms is to ensure that all the information provided is correct," Mnuchin spokeswoman Tara Bradshaw said. "That is why we have provided the appropriate amended forms to the committee."
According to the memo, Mnuchin submitted answers Dec. 19 to a standard committee questionnaire seeking information about his financial and business interests. At the time, Mnuchin verified that those responses were accurate and complete.
However, Mnuchin had left out $95 million in real estate from his initial disclosures, according to the memo. Those assets included a co-op in New York City and homes in Southampton, New York, and Los Angeles. In addition, the memo revealed that Mnuchin possesses about $15 million worth of real estate in Mexico.
Read more: https://www.washingtonpost.com/news/wonk/wp/2017/01/19/treasury-nominee-initially-omitted-more-than-100-million-from-disclosures-democratic-memo-shows/?hpid=hp_hp-top-table-main_wb-mnuchin-memo-855a%3Ahomepage%2Fstory&utm_term=.a0f67b2326b9
How's that swamp drainy thingy goin'?
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