Steven Mnuchin confirmed as treasury secretary
On Monday night, the Senate confirmed former Wall Street banker and OneWest Bank CEO Steven Mnuchin as treasury secretary on a 53-47 vote.
The only Democrat to vote for Mnuchin was Sen. Joe Manchin (W.Va.). It was a rocky road to confirmation, with consumer advocates and Democrats bringing attention to OneWest foreclosing on 36,000 homeowners during the 2008 financial crisis and Mnuchin not including $100 million in assets on his financial disclosure forms. Mnuchin, who also was a Hollywood financier, served as Trump's 2016 national campaign finance chief. "He was chosen for the loyalty to the president," Sen. Dick Durbin (D-Ill.) said. "As we were working to save Americans their homes, Mr. Mnuchin, like President Trump, saw an opportunity to make a profit."
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