Economics
Mnuchin Secures Senate Confirmation as Treasury Secretary
- Ex-Goldman Sachs exec says he brings market experience to role
- Democrats criticize Mnuchin’s foreclosure role in bank crisis
Steven Mnuchin Is Confirmed as Treasury Secretary
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Steven Mnuchin was confirmed as U.S. Treasury secretary, filling the role of chief spokesman for the dollar and steward for the Trump administration’s economic priorities.
The former Goldman Sachs banker won in a 53-47 Senate vote on Monday in which only one Democrat broke ranks and supported Mnuchin. He was sworn in Monday night by Vice President Mike Pence at the White House.