Actionable news
All posts from Actionable news
Actionable news in AKS: AK STEEL HOLDING Corp,

Donald Trump expected to pick Steven Mnuchin as Treasury secretary

Donald Trump is expected to choose Steven Mnuchin as his Treasury secretary, adding both a key campaign figure and a Wall Street veteran to his administration, NBC News confirmed.

A top transition source told NBC News that he could be named as soon as Wednesday.

Mnuchin, who served as finance chairman for Trump's presidential campaign, was last the chairman of Dune Capital Management. Mnuchin's firm's Hollywood financing has helped to fund James Cameron's "Avatar," among other blockbusters. He previously spent 17 years at Goldman Sachs, worked at Soros Fund Management and co-founded OneWest Bank Group.

The possible appointment of Mnuchin, an alumnus of one of the world's most powerful financial institutions, seems to clash with Trump's populist campaign rhetoric and pledge to be the "voice" for downtrodden blue-collar workers. Mnuchin would take the helm of a Treasury that could take a starkly...