Steven Mnuchin rejects accusations that he was a 'foreclosure machine'

Steve Mnuchin.
(Image credit: JIM WATSON/AFP/Getty Images)

President-elect Donald Trump's treasury secretary nominee, Steven Mnuchin, defended his controversial record Thursday by slamming the press for "maligning" him and painting him as a villain.

"In the press it has been said that I ran a 'foreclosure machine,'" Mnuchin said. "This is not an accurate description of my role at OneWest Bank. On the contrary, I was committed to loan modification intended to stop foreclosures. I ran a loan modification machine."

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Jeva Lange

Jeva Lange was the executive editor at TheWeek.com. She formerly served as The Week's deputy editor and culture critic. She is also a contributor to Screen Slate, and her writing has appeared in The New York Daily News, The Awl, Vice, and Gothamist, among other publications. Jeva lives in New York City. Follow her on Twitter.