Wall Street big shot Steven Mnuchin’s name is being mentioned as a possible Secretary of the Treasury in the upcoming Trump administration.
Scratch that: his name isn’t just being thrown around as the Treasury pick. Minutes ago the New York Times reported it’s going to happen — possibly as soon as tomorrow.
The Old Gray Lady calls Mnuchin “a financier with deep roots on Wall Street and in Hollywood but no government experience.”
We noted on May 5 that Mnuchin was a curious choice for finance chairman of Trump’s campaign. (And, sorry, I still have no idea how to pronounce Mnuchin. Maybe Man-oo-kin? Man-oo-chin?)
Mnuchin used to work for the preeminent funder of the Left in the United States, the anti-American billionaire radical George Soros. Mnuchin was an investment banker or something similar for hedge fund Soros Fund Management LLC.
Mnuchin used to be a big-time Democrat donor — then again, so did Donald Trump.
And Trump had dealings with Soros years ago.
Soros gave “Trump a mezzanine loan, which is basically a bailout, because Trump didn’t want to, or couldn’t, front his own money to build the Chicago Trump Tower,” Jen Kuznicki reported at Conservative Review back in February. “Mezzanine loans are loans offered with outrageous interest that help the developer on the front end of finance, and which often offer a stake in the building,” she explained.
Left-wing blogger Rick Cohen noted in 2014 that Mnuchin is a philanthropist “with a family foundation (the Steven and Heather Mnuchin Foundation), a trustee of other foundations, and with service as a board member at the Los Angeles Police Foundation and the Museum of Contemporary Art.”
How would Mnuchin fare as the guy who signs dollar bills in the lower right hand corner?
We shall see, perhaps.