Mnuchin Said to Be Top Treasury Pick Among Trump’s Advisers
- Key transition members said to suggest ex-Goldman partner
- He led California bank criticized for seizing borrowers’ homes
Former Goldman Sachs banker Steven Mnuchin is reported to have been recommended for U.S. Treasury Secretary by President-Elect Donald Trump's transition team. Bloomberg's Zach Mider reports on Mnuchin's background and his relationship with Trump on 'Bloomberg Markets.' (Source: Bloomberg)
Former Goldman Sachs Group Inc. partner Steven Mnuchin has been recommended by Donald Trump’s transition team to serve as Treasury secretary, according to two people familiar with the process, and the choice is awaiting the president-elect’s final decision.
Mnuchin, the campaign’s national finance chairman, has been considered the leading candidate for the job. Trump has displayed a pattern of loyalty to his closest campaign allies in early administration selections, and Mnuchin, 53, had signed on at a time when many from Wall Street stayed away.