THE WHITE HOUSE

Steven Mnuchin Named Secretary Of The Treasury

Steven Mnuchin

President-elect Donald J. Trump today announced his intent to nominate Steven Mnuchin as Secretary of the U.S. Department of Treasury.

Mr. Mnuchin has decades of financial management experience including serving as Chief Information Officer at Goldman Sachs as well as finance director for President-elect Trump’s presidential campaign.

“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. 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,” said President-elect Trump.

“I am honored to have the opportunity to serve our great country in this important role. I understand what needs to be done to fix the economy. I look forward to helping President-elect Trump implement a bold economic agenda that creates good-paying jobs and defends the American worker,” said Steven Mnuchin.

Who is Steven Mnuchin?

Since 2004, Steven Mnuchin has been the Founder, Co-Chief Executive Officer and Chairman of Dune Capital Management, one of the country’s premier investment firms, specializing in public equity markets, real estate and the entertainment industry. He also founded OneWest Bank Group LLC in 2009 and served as its Chairman and Chief Executive Officer. 

Prior to that, Steven Mnuchin worked for 17 years at Goldman Sachs, where he oversaw trading in government securities, mortgages, money markets, and municipal bonds and rose to become the company’s Chief Information Officer.

Mnuchin has extensive experience in investing and financing the entertainment business. He founded RatPac-Dune Entertainment, which has produced wildly successful films, including Avatar, the highest grossing film in history ($2.8B worldwide), American Sniper, the X-Men series and many more.

He is a Member of the Board of The Museum of Contemporary Art Los Angeles (MOCA), UCLA Health System Board, New York Presbyterian Hospital, the Los Angeles Police Foundation, and Life Trustee of New York Presbyterian Hospital. Mr. Mnuchin has a bachelor’s degree from Yale University.

 

 

Add Comment

Click here to post a comment

About the author

Ksenija Pavlovic

Ksenija Pavlovic

Ksenija Pavlovic is the Founder and Editor-in-Chief of the Pavlovic Today, The Chief White House Correspondent.

Pavlovic was a Teaching Fellow and Doctoral Fellow in the Political Science department at Yale University, Lead Instructor in International Affairs and Security and Politics Law and Economics programs at Yale Global Scholars, Head Writing Fellow at the Yale Graduate Writing Center, Fellow of the “Research and Travel Award in Grand Strategy” from International Security Studies (ISS) at Yale University, Fellow of the Roger Hertog Global Strategy Initiative in Religious Violence at Columbia University, a Doctoral candidate in Political Conflict and Peace Building Processes at Complutense University in Madrid, Fellow of the OSI Global Supplementary Grant Program, and a Visiting Doctoral Fellow at the Juan March Institute. She holds an M.Sc. in European Politics from the London School of Economics, an M.A. in American Politics, and a B.A. in Journalism and Communication from the University of Belgrade. She speaks English, Serbian, Croatian, and Spanish.

Pavlovic has interviewed exclusively pivotal figures including Arianna Huffington, Sir Richard Branson, President of the World Bank Jim Yong Kim, Karlie Kloss, filmmaker and founder of the Webby awards Tiffany Shlain, film director Lars von Trier, actors Adam Brody, Monica Bellucci, fashion designers Adolfo Dominguez, Tommy Hilfiger and Donna Karan, publisher and former presidential candidate Steve Forbes; the world No.1 tennis player Novak Djokovic; novelist Martin Amis, as well as big names in the governmental arena such as the former President of Serbia Boris Tadic, the leading members of the first democratic Serbian government and Milorad Dodik, President of the Serbian entity of BIH. Moreover, Ms. Pavlovic has exclusively covered the Cannes Film Festival, Venice Film Festival, Sarajevo Film Festival, London Film Festival, Madrid Fashion Week, The Madrid Open, and a range of other international benefit and political events.

Library

Subscribe to the Newsletter