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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Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.
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