You are here

US Senate expected to confirm Mnuchin as Treasury secretary

Mr Mnuchin's role at Bear Stearns could set off a new round of protests from Democrats over his forecasts in 2007 dismissing the hazards building in credit markets that fuelled the US housing collapse.


THE US Senate is expected to confirm former Goldman Sachs banker and Hollywood financier Steven Mnuchin as Treasury secretary on Monday, returning a Wall Street veteran to the top US economic and financial job for the first time in eight years.

Mr Mnuchin's appointment...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to