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Trump is set to name ex-Goldman Sachs banker Steve Mnuchin Treasury Secretary
President-elect Donald Trump is set to name his Treasury Secretary as soon as Wednesday, The New York Times reports. His pick is the ex-Goldman Sachs banker Steven Mnuchin, who served as the national finance chair on Trump's presidential campaign. Mnuchin spent 17 years with Goldman Sachs, and his father worked at the bank for 30 years in stock trading. Mnuchin was chief information officer at Goldman Sachs before leaving the firm in 2002. He also worked briefly for George Soros. During the depths of the financial crisis, a group led by Mnuchin bought troubled housing lender Indymac. After renaming the company ... (full story)
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