July 17, 2024

Steven Mnuchin is the son of a banker “nuff said”

Steven Terner Mnuchin was born on 21st December 1962, in New York City, the U.S. to Robert E. Mnuchin and Elaine Terner Cooper. His father was a partner at Goldman Sachs and was a member of the management committee. Robert is also a founder of the Mnuchin Gallery, an art gallery in New York City.

Lately, it feels like Steve Mnuchin has been everywhere.

We seem to see him all the time on TV or in print selling the tax reform plan that he apparently played a key role in creating. One feels compelled to use the word “apparently” because Mnuchin also seems to regularly misunderstand the size and effects of his tax plan. The Warlock of Pennsylvania Avenue has had a hard time zeroing in on the size of his tax cuts (not “the biggest ever”) and who benefits from them the most (it’s not really the middle class). Unlike his “colleague” Gary Cohn, who seems to have simply given up on the notion of politics and is just tacitly admitting that this plan is a trickle-downer’s wet dream, Mnuchin is sticking to the White House’s counter-factual populist talking points and putting faith in his non-existent charm to sell it all to Congress and the American people.

Read more from dealbreaker.com

Kamala Harris Fails To Explain Why She Didn’t Prosecute Steven Mnuchin’s Bank

FORMER CALIFORNIA ATTORNEY General Kamala Harris on Wednesday vaguely acknowledged The Intercept’s report about her declining to prosecute Steven Mnuchin’s OneWest Bank for foreclosure violations in 2013, but offered no explanation.

“It’s a decision my office made,” she said, in response to questions from The Hill shortly after being sworn in as California’s newest U.S. senator.

“We went and we followed the facts and the evidence, and it’s a decision my office made,” Harris said. “We pursued it just like any other case. We go and we take a case wherever the facts lead us.”

Mnuchin is Donald Trump’s nominee to run the Treasury Department, and served as CEO of OneWest from 2009 to 2015. In an internal memo published on Tuesday by The Intercept, prosecutors at the California attorney general’s office said they had found over a thousand violations of foreclosure laws by his bank during that time, and predicted that further investigation would uncover many thousands more.

But the investigation into what the memo called “widespread misconduct” was closed after Harris’s office declined to file a civil enforcement action against the bank.

Harris’s statement on Tuesday doesn’t explain how involved she was with the decision to not prosecute, or why the decision was made. She also would not say whether the revelations would disqualify Mnuchin for the position of treasury secretary. “The hearings will reveal if it’s disqualifying or not, but certainly he has a history that should be critically examined, as do all of the nominees,” Harris told The Hill. She added that she would review the background and history of all Trump cabinet nominees.

Read more at the Intercept

Read how is One West Involved in Criminal Activity

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