Is Steve Mnuchin Just Another Wall Street Banker?

mises.org / Tho Bishop / Dec 1, 2016

After weeks of speculation, Donald Trump has announced Steve Mnuchin as his hopeful for Treasury Secretary. Though Mnuchin can now be seen in film theaters personification a landowner in Warren Beatty’s new film Rules Don’t Apply, he has a reduce form than many tapped to conduct a Treasury department. Probably to his credit, he has no knowledge with open process and has done comparatively few open statements on policy. Perhaps his best gift for a position was that he was an early believer of Trump’s campaign, portion as a fundraising director.

Though Mnuchin himself has pronounced little, his resume does seem to contrariety neatly with Trump’s populist campaign. Mnuchin, like his father before him, was a partner during Goldman Sachs before fasten a universe of sidestep funds, including operative as a portfolio manager for George Soros. He went on to start his possess sidestep fund, Dune Capital Management, and turn a distinguished Hollywood banker portion as executive writer for such hits as Avatar, Lego Movie, Mad Max: Fury Road as good as a series of superhero films.

While it’s positively probable to have a story with a Wall Street bank like Goldman Sachs



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