Steven Mnuchin
<p>November 18, 2019, 7:23 PM</p>
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<p><strong>Steven Terner Mnuchin</strong><sup id="cite_ref-2" class="reference"><a href="https://en.wikipedia.org/wiki/Steven_Mnuchin#cite_note-2">[2]</a></sup> (<span class="rt-commentedText nowrap"><span class="IPA nopopups noexcerpt"><a title="Help:IPA/English" href="https://en.wikipedia.org/wiki/Help:IPA/English">/<span title="'m' in 'my'">məˈnuːʃɪn</span>/</a></span></span> <a title="Help:Pronunciation respelling key" href="https://en.wikipedia.org/wiki/Help:Pronunciation_respelling_key"><em title="English pronunciation respelling">mə-NOO-shin</em></a>;<sup id="cite_ref-3" class="reference"><a href="https://en.wikipedia.org/wiki/Steven_Mnuchin#cite_note-3">[3]</a></sup> born December 21, 1962) is an American politician and investment banker<sup id="cite_ref-4" class="reference"><a href="https://en.wikipedia.org/wiki/Steven_Mnuchin#cite_note-4">[4]</a></sup> who is serving as the 77th <a title="United States Secretary of the Treasury" href="https://en.wikipedia.org/wiki/United_States_Secretary_of_the_Treasury">United States secretary of the treasury</a> as part of the <a title="Cabinet of Donald Trump" href="https://en.wikipedia.org/wiki/Cabinet_of_Donald_Trump">Cabinet of Donald Trump</a>. Previously, Mnuchin had been a <a title="Hedge fund" href="https://en.wikipedia.org/wiki/Hedge_fund">hedge fund</a> manager and investor.</p>
<p>After he graduated from <a title="Yale University" href="https://en.wikipedia.org/wiki/Yale_University">Yale University</a> in 1985, Mnuchin worked for investment bank <a title="Goldman Sachs" href="https://en.wikipedia.org/wiki/Goldman_Sachs">Goldman Sachs</a> for 17 years, eventually becoming its chief information officer. After he left Goldman Sachs in 2002, he worked for and founded several hedge funds. Mnuchin was a member of <a title="Sears Holdings" href="https://en.wikipedia.org/wiki/Sears_Holdings">Sears Holdings</a>'s board of directors from 2005 until December 2016, and before that was on Kmart's board of directors.<sup id="cite_ref-5" class="reference"><a href="https://en.wikipedia.org/wiki/Steven_Mnuchin#cite_note-5">[5]</a></sup> After Sears went bankrupt, the company that formerly owned it sued Mnuchin and ex-CEO <a class="mw-redirect" title="Edward Lampert" href="https://en.wikipedia.org/wiki/Edward_Lampert">Edward Lampert</a> for "asset stripping" during their tenure.<sup id="cite_ref-6" class="reference"><a href="https://en.wikipedia.org/wiki/Steven_Mnuchin#cite_note-6">[6]</a></sup> During the <a title="Financial crisis of 2007–2008" href="https://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%932008">financial crisis of 2007–2008</a>, Mnuchin bought failed residential lender <a title="IndyMac" href="https://en.wikipedia.org/wiki/IndyMac">IndyMac</a>. He changed the name to <a title="OneWest Bank" href="https://en.wikipedia.org/wiki/OneWest_Bank">OneWest Bank</a> and rebuilt the bank, then sold it to <a title="CIT Group" href="https://en.wikipedia.org/wiki/CIT_Group">CIT Group</a> in 2015. During his time as OneWest CEO and chairman, the bank became embroiled in several lawsuits over questionable foreclosures.</p>
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<p> He called the stripping back of Dodd–Frank "the number-one priority on the regulatory side"</p>