Samantha Bee introduces you to Trump's swampy treasury secretary, Steve Mnuchin


One of Donald Trump's two platforms when he ran for president was #DrainTheSwamp, Samantha Bee noted on Wednesday's Full Frontal (the other being, cruelly, Chris Christie). Trump specifically railed against the influence of Wall Street and, in particular, Goldman Sachs. Everybody loved the swamp-draining idea, except some alligator-loving environmentalists (and Trump himself). "Well, good news, gator-huggers," Bee said. "Trump was lying!" Of the five Goldman Sachs alumni Trump has picked for his inner circle, Bee focused on Steven Mnuchin, the nominee for treasury secretary. His Senate confirmation hearing is Thursday, she noted, though he has already given himself the job on his Yale alumni directory profile.
After getting rich on Wall Street, Mnuchin went to Hollywood and bankrolled movies like Suicide Squad. But the most problematic title on his résumé is "foreclosure king." During the great recession of 2008, "Steve Mnuchin took a crash and turned it into a crash-ortunity," Bee said. The bank he bought and renamed OneWest subsequently foreclosed on 36,000 people, specializing in "widow foreclosures" on reverse mortgages. Bee showed a few of the sadder foreclosure tales from OneWest's rampage. The bank's future now lies in the hands of the Housing and Urban Development Department — and thus, probably, Dr. Ben Carson. Bee despaired.
She ended her look at the likely next treasury secretary by showing him talking about wanting to scrap the financial regulation put in place to prevent another big banking collapse. "Lets hope and pray that the next four years will be like Steve's film Suicide Squad, where the group of bad guys end up actually saving the day," Bee said. "But it will probably be like Steve's film Entourage — most people didn't want it, it disappointed those who did, and it only helped those who were directly involved in it." Watch below — and be warned, there is some NSFW language. Peter Weber
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.
-
5 heavy-handed cartoons about ICE and deportation
Cartoons Artists take on international students, the Supreme Court, and more
By The Week US
-
Exploring the three great gardens of Japan
The Week Recommends Beautiful gardens are 'the stuff of Japanese landscape legends'
By The Week UK
-
Is Prince Harry owed protection?
Talking Point The Duke of Sussex claims he has been singled out for 'unjustified and inferior treatment' over decision to withdraw round-the-clock security
By The Week UK
-
Markets notch worst quarter in years as new tariffs loom
Speed Read The S&P 500 is on track for its worst month since 2022 as investors brace for Trump's tariffs
By Peter Weber, The Week US
-
Tesla Cybertrucks recalled over dislodging panels
Speed Read Almost every Cybertruck in the US has been recalled over a stainless steel panel that could fall off
By Justin Klawans, The Week US
-
Crafting emporium Joann is going out of business
Speed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores
By Peter Weber, The Week US
-
Trump's China tariffs start after Canada, Mexico pauses
Speed Read The president paused his tariffs on America's closest neighbors after speaking to their leaders, but his import tax on Chinese goods has taken effect
By Peter Weber, The Week US
-
Chinese AI chatbot's rise slams US tech stocks
Speed Read The sudden popularity of a new AI chatbot from Chinese startup DeepSeek has sent U.S. tech stocks tumbling
By Peter Weber, The Week US
-
US port strike averted with tentative labor deal
Speed Read The strike could have shut down major ports from Texas to Maine
By Peter Weber, The Week US
-
Biden expected to block Japanese bid for US Steel
Speed Read The president is blocking the $14 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security concerns
By Peter Weber, The Week US
-
Judges block $25B Kroger-Albertsons merger
Speed Read The proposed merger between the supermarket giants was stalled when judges overseeing two separate cases blocked the deal
By Peter Weber, The Week US