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Trump’s Treasury nominee Steven Mnuchin defends his record of thousands of foreclosures at OneWest Bank

4 hours agoNews : The Raw Story

U.S. President-elect Donald Trump’s choice for Treasury secretary, Steven Mnuchin, will push back on Thursday at Democratic Party critics who have charged him with forcing tens of thousands of Californians from their homes as chairman of OneWest Bank. In prepared remarks to senators at his...

Foreclosure Victims Say They Were Mistreated by Trump's Treasury Pick

After Donald Trump nominated longtime Goldman Sachs executive Steven Mnuchin to be secretary of the treasury, Sen. Elizabeth Warren, the Democrats' leading anti-Wall Street crusader, asked to include "victims of Mnuchin's foreclosure machine" at his Senate confirmation hearing. Show More Summary

Elizabeth Warren And Foreclosure Victims Blast Trump's Treasury Pick

6 hours agoNews : Huffington Post

Senate Democrats want to make the confirmation hearing for Steve Mnuchin, President-elect Donald Trump’s pick for Treasury secretary, all about people who won’t be allowed to speak: a 90-year-old who lost her home because she was short...Show More Summary

An open letter to Treasury Secretary nominee Steven Mnuchin

Steven Mnuchin, President-elect Donald Trump's nominee for Secretary Treasury, will face a confirmation hearing in front of the Senate Finance Committee on Thursday, January 19. Ahead of that hearing, Jim Greco, the CEO and a cofounder of US treasury trading platform Direct Match, has written an open letter to Mnuchin. Dear Mr. Show More Summary

Homeowners slam Mnuchin bank's foreclosure record

Struggling borrowers urge Senate to reject Trump's nominee for Treasury secretary        

Foreclosure victim blasts Trump’s pick for Treasury: ‘They lied to us and took our home’

13 hours agoNews : The Raw Story

Steven Mnuchin, President-elect Donald Trump’s pick to be Treasury Secretary in his cabinet, has drawn fire from consumer advocates for his tenure as CEO of OneWest Bank, which has earned a reputation for being a “foreclosure machine.” Among other things, OneWest has been...

Democrats push to hear testimony of foreclosure victims whom Trump's Treasury pick cashed in on

Campaign Action Popular vote loser Donald Trump wants to put billionaire Steven Mnuchin in charge of the country's financial policies as Treasury secretary. One of Mnuchin's chief qualifications is that he knows a little something about...Show More Summary

Bombshell as Trump just signaled the death of Clinton-era strong "dollar policy"

Presidents in recent history have refrained from talking the currency up or down, and Chandler says going back to Clinton Treasury Secretary Robert Rubin, the policy has been for a strong dollar. Even when the dollar's strength created headwinds, administrations have stood by it, at least verbally. Show More Summary

Working for Trump

David Schizer, until recently dean of Columbia Law School, has just interviewed for the position of Assistant Secretary of the Treasury for Tax Policy in the Trump administration. I don’t know Schizer, and I don’t exactly have a starry-eyed view of Columbia Law School, but I’ll confess this still sort of shocks me. I spoke […]

Confirmation hearing could put Mnuchin in hot seat over foreclosures

Treasury Secretary nominee Steven Mnuchin could face tough questions about his reputation as a “foreclosure machine” in his upcoming confirmation hearings...

Mnuchin start date iffy as Congress scours Wall Street past

President-elect Donald Trump may take power with the top post at the Treasury Department temporarily vacant. A Senate hearing date for his Treasury Secretary nominee, Steven Mnuchin, hasn’t... To view the full story, click the title link.

Steve Mnuchin, Trump's Treasury Pick, Investment Could Benefit From Fannie And Freddie Restoration

Wiki Commons Should Fannie Mae and Freddie Mac be removed from government control, Steve Mnuchin — President-elect Donald Trump’s pick for Treasury Secretary — could benefit as an investor. The Goldman Sachs veteran outlined a proposal to privatize the two mortgage behemoths following his nomination, a move that could greatly benefit a [...]

Alex Brill, David Schizer Interviewed By Trump Transition Team For Assistant Secretary Of The Treasury For Tax Policy

Bloomberg is reporting that Alex Brill (Research Fellow, American Enterprise Institute) and David M. Schizer (Dean Emeritus and Harvey R. Miller Professor of Law and Economics, Columbia Law School), have been interviewed by the Trump transition team for the position of Assistant Secretary of the Treasury for Tax Policy. Alex...

Steve Mnuchin To Divest From All Film Holdings If Confirmed As Treasury Secretary

Steve Mnuchin, the former hedge fund investor now in line to be confirmed as Donald Trump’s Secretary of the Treasury, will divest his interests in a slew of businesses to avoid conflict of interest — including many entertainment and...Show More Summary

Treasury nominee Mnuchin discloses holdings, pledges divestments if confirmed

If he is confirmed as U.S. Treasury secretary, Los Angeles banker and film financier Steven Mnuchin will sell his stakes in numerous hedge funds, investment vehicles and companies, including AT&T, Microsoft and Goldman Sachs, the firm where he started his career. In a financial disclosure report...

Trump plans to donate hotel profits from foreign government payments to U.S. Treasury

Donald Trump hands over control of businesses to sons; restricts future dealings Jan. 11, 2017, 9:22 a.m. This is our look at President-elect Donald Trump's transition and the outgoing Obama administration: Watch live: Secretary of State nominee Rex Tillerson confirmation hearing President-elect...

Hillary Clinton reportedly considered Facebook COO Sheryl Sandberg for 2 cabinet positions (FB)

Facebook COO Sheryl Sandberg was on Hillary Clinton's shortlist for two cabinet positions, including treasury secretary and commerce secretary, Axios cofounder Mike Allen reported on Tuesday. It's unclear if there were formal discussions...Show More Summary

Larry Summers ‘sees no merit’ in Trump’s $1 trillion infrastructure plan

In a Brookings Institution conference keynote on January 9, Harvard professor and former Treasury Secretary Lawrence Summers criticized President-elect Trump's infrastructure plan. Trump plans to budget $1 trillion for highway, waterway, airport, and bridge projects. Show More Summary

Trump policies create financial-crisis risks

Washington - Former US Treasury Secretary Lawrence Summers attacked the policy proposals of Donald Trump on several fronts, saying the president-elect’s plans for deregulation were setting the stage for the next financial crisis. “The...Show More Summary

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