US President-elect Donald Trump said Wednesday Nov 30,2016 he intends to name Steven Mnuchin as his Treasury secretary, adding both a key campaign figure and a Wall Street veteran to his administration.
"Steve Mnuchin is a world-class financier, banker and businessman, and has played a key role in developing our plan to build a dynamic, booming economy that will create millions of jobs," Trump said in a statement Wednesday. "His expertise and pro-growth ideas make him the ideal candidate to serve as Secretary of the Treasury. He purchased IndyMac Bank for $1.6 billion and ran it very professionally, selling it for $3.4 billion plus a return of capital. That's the kind of people I want in my administration representing our country."
Steve Mnuchin, who served as finance chairman for Donald Trump's presidential campaign, was last the chairman of Dune Capital Management.
Steve Mnuchin's firm's Hollywood financing has helped to fund James Cameron's "Avatar," among other blockbusters.
Steve Mnuchin previously spent 17 years at Goldman Sachs, worked at Soros Fund Management and co-founded OneWest Bank Group.
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