Donald Trump's pick for treasury secretary, Steven Mnuchin, has deep ties on Wall Street, including working as a partner for Goldman Sachs, where his father also worked. Mnuchin's hedge fund also played a role in the housing crisis, after it scooped up the failing California bank IndyMac in 2008. Foreclosure News
Before he was picked by President Trump to lead the Treasury Department, Steve Mnuchin ran a bank named OneWest, which foreclosed on tens of thousands of homeowners under his leadership. After his Senate hearing, he was asked specifically about the practice of robo-signing, which entails mortgage officials rapidly signing off on hundreds or thousands of […]
In this Jan. 19, 2017 file photo, Treasury Secretary-designate Steven Mnuchin testifies on Capitol Hill in Washington at his confirmation hearing before the Senate Finance Committee. Republicans on Wednesday, Feb. 1, 2017, muscled through President Donald Trump's nominees for Treasury and Health after the majority GOP suspended committee rules, a power grab in the latest […]
Senate Democrats have succeeded in delaying for one day a scheduled committee vote on President Donald Trump's nomination of Steven Mnuchin to be treasury secretary. The Senate Finance Committee said Monday that the meeting to vote on the nomination, which had been scheduled for 6 p.m. Monday, will now take place at 10 a.m. Tuesday. […]
The Senate Finance Committee had been scheduled to vote Monday night on whether to send Mnuchin's nomination to the full Senate. The vote was widely expected to help Mnuchin, a former Goldman Sachs banker and Hollywood movie producer, clear a major hurdle toward confirmation. Foreclosure News
President Donald Trump's nominee for U.S. treasury secretary was untruthful with the Senate during the confirmation process, documents uncovered by The Dispatch show. Steve Mnuchin, former chairman and chief executive officer of OneWest Bank, known for its aggressive foreclosure practices, flatly denied in testimony before the Senate Finance Committee that OneWest used “robo-signing” on mortgage […]
Last week, Steven Mnuchin, President Donald Trump's nominee to run the Treasury Department faced a nearly six-hour grilling by Senate Finance Committee Republicans and Democrats, alike. The former Goldman Sachs executive was pressed on a variety of policy and personal issues including his past connections to a California bank seen by some as an unmerciful […]
Team Trump's not wrong to think the media are gunning for it, as a bit of fake news from Politico on Steve Mnuchin, the president's pick to run the Treasury, shows again. The story's headline told the horrible tale: ” Steven Mnuchin's OneWest filed to take a 90-year-old woman's house after a 27-cent payment error […]
The temperature in Alaska's second-largest city never reached 30 degrees below zero last winter, but Mother Nature is making up for it this year Although he's a Democrat who voted for Hillary Clinton, a 91-year-old New Jersey man will still be traveling to Washington to witness his 18th presidential inauguration in person Although he's a […]
It's a little more than a day before Donald Trump becomes president and he still has no one ready to run American diplomacy until his nominee is confirmed President-elect Donald Trump has asked roughly 50 senior Obama administration appointees to remain in their posts after his inauguration to ensure continuity in government Even as he […]