Steven Mnuchin

From Conservapedia
Jump to: navigation, search
Steven Mnuchin
Steven Mnuchin official portrait.jpg
77th United States Secretary of the Treasury
From: February 13, 2017 – January 20, 2021
President Donald Trump
Predecessor Jack Lew
Successor Janet Yellen
Party Republican
Spouse(s) Kathryn Leigh McCarver (1992 - 1999)
Heather DeForest Crosby (1999 - 2014)
Louise Linton
Religion Jewish[1]

Steven Terner "Steve" Mnuchin (born December 21, 1962) is an American politician and hedge fund manager who is the 77th United States Secretary of the Treasury, under President Donald Trump.

Mnuchin joined investment bank Goldman Sachs upon graduating from Yale University in 1985. He worked there for 17 years and eventually became its Chief Information Officer. After he left Goldman Sachs in 2002, he worked for and founded several hedge funds. During the Financial Crisis of 2008, Mnuchin bought failed residential lender IndyMac from the federal government. He renamed it OneWest Bank and rebuilt the bank. In 2015, Mnuchin sold OneWest to CIT Group for $3.4 billion.[2][3] After the acquisition by CIT, Mnuchin remained at OneWest, and became member of CIT Group's board of directors[4] During his time as OneWest CEO and chairman, the bank became embroiled in several lawsuits over questionable foreclosures - due to its reputation of unfairly removing people from their homes, OneWest was known as a "Foreclosure Machine".[5] Mnuchin was national finance chair for the 2016 Donald Trump presidential campaign. On February 13, 2017, Mnuchin was confirmed by a 53–47 vote in the U.S. Senate.[6]

Mnuchin is estimated to have a net worth of as much as $500 million.[7] As a side business, Mnuchin was a Hollywood motion picture producer. His films include the X-Men series and American Sniper.

Following Trump's January 2017 announcement about an investigation into voter registration, it was discovered that Mnuchin is registered to vote in two states. Mnuchin holds registration in both California and New York.[8]

In 2020, the liberal Elizabeth Warren attacked him.[9]

See also


External links