Trump Treasury nominee Mnuchin to defend banking record to senators


  • World
  • Thursday, 19 Jan 2017

Steven Mnuchin, President-elect Donald Trump's campaign finance chairman, who has been named Treasury Secretary, walks down an escalator in the lobby of Trump Tower in Manhattan, New York, U.S., December 15, 2016. REUTERS/Shannon Stapleton - RTX2V747

WASHINGTON (Reuters) - President-elect Donald Trump's choice for Treasury secretary, Steven Mnuchin, will defend his banking record in the aftermath of the financial crisis on Thursday and sell senators on why he should be given stewardship of the U.S. financial system.

Mnuchin, a former Goldman Sachs executive, hedge fund manager and Hollywood film financier, would be the first Wall Street veteran to head the Treasury Department in eight years.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Pope Leo expresses 'much sadness' about Russia refusing Christmas ceasefire
Israel announces special bank tax after surge in profits
8 killed after vehicle falls into pond in east China
Venezuela passes law against piracy, blockades amid US oil ship seizures
1st LD Writethru: U.S. consumer confidence index falls to 89.1 in December
Saudi oil giant Aramco executive says China is core market, strategic partner
Initial estimate puts U.S. Q3 GDP growth at 4.3 pct
Egypt begins reassembling ancient pharaoh's boat at new museum
Ukrainian troops withdraw from eastern town of Siversk
Iraq loses over 4,000 MW of power after Iran suspends gas supply: ministry

Others Also Read