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Nov 30, 2016 @ 23:40

Billionaire Steven Mnuchin tapped for Treasury secretary: report


WASHINGTON — President-elect Donald Trump has chosen Steven Mnuchin, a wealthy Wall Street executive and Hollywood movie producer who served as his campaign finance chairman, to be the next Treasury secretary, according to a person familiar with the decision.

Mnuchin’s deep roots on Wall Street fit the mold of past treasury secretaries but contrast with the populist stance Trump took during his campaign.

Mnuchin would be among three billionaires in Trump’s Cabinet, after Betsy DeVos, who is Trump’s pick for education secretary, and financier Wilbur Ross, who is poised to take over as commerce secretary.

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