Trump Picks Mnuchin as Treasury Secretary

Hedge fund executive was president-elect's campaign finance chairman



If he is confirmed by the Senate to be the nation’s 77th Treasury secretary, Mnuchin would bring a deep background to managing the nation’s fiscal and economic systems.

Mnuchin, a Yale graduate, is currently chairman and co-chief executive officer of Dune Capital Management, a hedge fund. He has also worked with billionaire financier George Soros, bought assets of a failing bank in California and launched a new lender, and produced movie blockbusters.

“I understand what needs to be done to fix the economy. I look forward to helping President-elect Trump implement a bold economic agenda that creates good-paying jobs and defends the American worker,” Mnuchin said in a statement.
