Difference between revisions of "Steven Mnuchin"
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'''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]]. | '''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.<ref name="NYT01">{{Cite web | url=https://www.nytimes.com/2016/11/29/us/politics/steven-terner-mnuchin-trump-treasury-secretary.html | title=Trump Taps Hollywood’s Mnuchin for Treasury and Dines With Romney | website=[[The New York Times]] |accessdate=February 18, 2017 | date=November 29, 2016 | last1=Davis | first1=Julie Hirschfeld | last2=Appelbaum | first2=Binyamin |last3=Haberman | first3=Maggie }}</ref><ref name="bloomberg">{{Cite web | url=https://www.bloomberg.com/politics/articles/2016-08-31/steven-mnuchin-businessweek | website=[[Bloomberg L.P.]] |title=Trump’s Top Fundraiser Eyes the Deal of a Lifetime | date=August 31, 2016 | accessdate-February 18, 2017 | last=Abelson | first=Max | last2=Mider | first2=Zachary }}</ref> After the acquisition by CIT, Mnuchin remained at OneWest, and became member of CIT Group's [[board of directors]].<ref name="BI02">{{Cite web | url=https://www.businessinsider.nl/donald-trump-set-to-pick-steve-mnuchin-as-treasury-secretary-2016-11/?international=true&r=US | title=There’s a long list of reasons people might not like Trump’s pick for Treasury secretary | last=Turner | first =Matt |accessdate=February 18, 2017 |date =November 30, 2016 |website =Business Insider }}</ref> 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.<ref> | + | 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.<ref name="NYT01">{{Cite web | url=https://www.nytimes.com/2016/11/29/us/politics/steven-terner-mnuchin-trump-treasury-secretary.html | title=Trump Taps Hollywood’s Mnuchin for Treasury and Dines With Romney | website=[[The New York Times]] |accessdate=February 18, 2017 | date=November 29, 2016 | last1=Davis | first1=Julie Hirschfeld | last2=Appelbaum | first2=Binyamin |last3=Haberman | first3=Maggie }}</ref><ref name="bloomberg">{{Cite web | url=https://www.bloomberg.com/politics/articles/2016-08-31/steven-mnuchin-businessweek | website=[[Bloomberg L.P.]] |title=Trump’s Top Fundraiser Eyes the Deal of a Lifetime | date=August 31, 2016 | accessdate-February 18, 2017 | last=Abelson | first=Max | last2=Mider | first2=Zachary }}</ref> After the acquisition by CIT, Mnuchin remained at OneWest, and became member of CIT Group's [[board of directors]].<ref name="BI02">{{Cite web | url=https://www.businessinsider.nl/donald-trump-set-to-pick-steve-mnuchin-as-treasury-secretary-2016-11/?international=true&r=US | title=There’s a long list of reasons people might not like Trump’s pick for Treasury secretary | last=Turner | first =Matt |accessdate=February 18, 2017 |date =November 30, 2016 |website =Business Insider }}</ref> 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.<ref>https://www.cnbc.com/2017/02/13/watch-steven-mnuchin-senate-confirmation-vote.html</ref> |
Mnuchin is estimated to have a net worth of as much as $500 million.<ref>{{cite news |title=Trump Treasury Pick Mnuchin Is Much Richer Than Most People Thought |url=http://fortune.com/2017/01/11/trump-cabinet-steven-mnuchin-net-worth/ |author=Jen Wieczner |publisher=Fortune Magazine |date=January 12, 2017}}</ref> As a side business, Mnuchin was a Hollywood motion picture producer. His films include the X-Men series and ''[[American Sniper]].'' | Mnuchin is estimated to have a net worth of as much as $500 million.<ref>{{cite news |title=Trump Treasury Pick Mnuchin Is Much Richer Than Most People Thought |url=http://fortune.com/2017/01/11/trump-cabinet-steven-mnuchin-net-worth/ |author=Jen Wieczner |publisher=Fortune Magazine |date=January 12, 2017}}</ref> 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.<ref name=registration>{{cite web | url= | + | 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.<ref name=registration>{{cite web | url=https://www.usnews.com/news/national-news/articles/2017-01-25/tiffany-trump-steve-bannon-steve-mnuchin-registered-to-vote-in-multiple-states | title=Tiffany Trump, Steve Bannon, Steven Mnuchin Registered to Vote in Multiple States | author=Gabrielle Levy |publisher=US News and World Report | date=January 19, 2017}}</ref> |
==See also== | ==See also== | ||
Revision as of 22:01, April 9, 2019
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.[1][2] After the acquisition by CIT, Mnuchin remained at OneWest, and became member of CIT Group's board of directors.[3] 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.[4]
Mnuchin is estimated to have a net worth of as much as $500 million.[5] 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.[6]
See also
References
- ↑ Trump Taps Hollywood’s Mnuchin for Treasury and Dines With Romney (November 29, 2016). Retrieved on February 18, 2017.
- ↑ Abelson, Max (August 31, 2016). Trump’s Top Fundraiser Eyes the Deal of a Lifetime.
- ↑ Turner, Matt (November 30, 2016). There’s a long list of reasons people might not like Trump’s pick for Treasury secretary. Retrieved on February 18, 2017.
- ↑ https://www.cnbc.com/2017/02/13/watch-steven-mnuchin-senate-confirmation-vote.html
- ↑ Jen Wieczner. "Trump Treasury Pick Mnuchin Is Much Richer Than Most People Thought", Fortune Magazine, January 12, 2017.
- ↑ Gabrielle Levy (January 19, 2017). Tiffany Trump, Steve Bannon, Steven Mnuchin Registered to Vote in Multiple States. US News and World Report.