Steven Mnuchin Selected at Treasury Secretary
Steven Mnuchin, former partner at Goldman Sachs has been selected by President-elect Trump as the administration's Treasury Secretary. Mnuchin served as finance chair of Trump’s 2016 presidential campaign.
According to the Wall Street Journal, Mnuchin left Goldman Sachs in 2002 and worked briefly for George Soros. In 2004, Mnuchin and two former Goldman colleagues founded the hedge fund Dune Capital Management LP. In 2009, Mnuchin and a group of investors, bought the failed California-based mortgage lender IndyMac.
Mnuchin is also a successful film producer.
He told reporters,
"Our number one priority is going to be the economy, get back to 3- to 4-percent growth -- we believe that's very sustainable -- and focus on things for the American worker, that's absolutely our priority."
Mnuchin spoke to reporters Wednesday to Trump Tower in New York:
"Our first priority is going to be the tax plan,"
Mnuchin said Americans can expect,
"the most significant middle-income tax cut since Reagan,"