Historica Wiki
Historica Wiki
Advertisement
Steven Mnuchin

Steven Mnuchin (21 December 1962-) was the US Secretary of the Treasury from 13 February 2017 to 20 January 2021, succeeding Jack Lew and preceding Janet Yellen. Mnuchin was a former Goldman Sachs partner and the founder of RatPac-Dune Entertainment with a net worth of $40,000,000, and he financed Donald Trump's 2016 presidential campaign.

Biography[]

Steven Mnuchin was born on 21 December 1962 in New York City, New York to a Jewish family, and he graduated from Yale University. Mnuchin became a Goldman Sachs banker and a hedge fund owner, and he became rich from stocks and from his involvement in the film industry. In late April 2016, he chaired the financial section of Republican Party nominee and fellow New York businessman Donald Trump's presidential campaign, and Trump decided to appoint Mnuchin as Treasury Secretary after he was elected to office. He nominated Mnuchin on 30 November 2016, pending approval from the US Congress. He was confirmed in a 53-47 vote, and he supported reducing corporate tax rates, while he also used government aircraft for personal usage, drawing additional controversy. He left office with the Trump administration in 2021.

Advertisement