Instant Alert: NYT: Trump is set to name Steve Munckin Treasury Secretary

Posted On // Leave a Comment

Your Message Subject or Title

  MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE
 
 
 
 
 

NYT: Trump is set to name Steve Munckin Treasury Secretary

by Portia Crowe on Nov 29, 2016, 5:40 PM

Advertisement

President-elect Donald Trump is set to name his Treasury Secretary as soon as Wednesday, The New York Times reports.

His pick is the ex-Goldman Sachs banker Steven Mnuchin, who served as the national finance chair on Trump's presidential campaign.

Mnuchin spent 17 years with Goldman Sachs.

Mnuchin was chief information officer at The Goldman Sachs Group before leaving the firm in 2002. He also worked briefly for George Soros.

Mnuchin was seen at Trump Tower on Monday, according to a pool report. When asked why he was there and whether he was interested in the position, he said: "I'm here just helping with the transition this week. A lot of work to do."

Goldman Sachs CEO Lloyd Blankfein last week called Mnuchin a "highflier, a very nice guy," and a "smart, smart guy."

"He was a very senior guy at a very young age at Goldman Sachs," Blankfein said in an interview with Andrew Ross Sorkin of The New York Times.

Blankfein said Mnuchin reported to him when he ran the fixed-income division.

"I follow his career, I know what he's done, but I haven’t really engaged with him that much," Blankfein said. "I'm sure he stayed just as smart as he was when he was at Goldman."

Another potential candidate is JPMorgan Chase CEO Jamie Dimon. CNBC last week reported that Dimon, a lifelong Democrat, was in the running for the position.

SEE ALSO: LLOYD BLANKFEIN: Jamie Dimon as Treasury secretary would kill 2 birds with one stone


 
Share the latest business news with your network:

Facebook Share Twitter Share Email Share
  

Email sent to:   |   Manage your email preferences   |   Unsubscribe

Terms of Service   |   Privacy Policy

Business Insider. 150 Fifth Avenue, New York, NY 10011
Sailthru

0 comments:

Post a Comment