Home Business Economy & Politics Donald Trump to Pick Steve Mnuchin as Treasury Secretary

Donald Trump to Pick Steve Mnuchin as Treasury Secretary

According to new reports, Donald Trump is expected to pick former Goldman Sachs executive Steve Mnuchin to be treasury secretary.

Steve Mnuchin, who was Donald Trump’s campaign finance chairman and has no government experience, could be named on November 30, according to reports.

On November 29, Donald Trump picked Tom Price as health secretary and Elaine Chao as transportation secretary.

The president-elect is still weighing his options in filling the posts of state and defense.steve-mnuchin-donald-trump

Steve Mnuchin amassed a fortune over 17 years at Goldman Sachs investment bank, before founding a movie production company that was behind such box office hits as the X-Men franchise and American Sniper.

It remains to be seen whether Donald Trump’s first key economic policy move, potentially picking a consummate Wall Street insider to helm the nation’s financial system, will be welcomed by supporters who were energized by the Republican’s vow to “drain the swamp” of special interests.

Billionaire investor Wilbur Ross – known as “the king of bankruptcy” for his restructuring of failing industries – is tipped to be named as Donald Trump’s commerce secretary.

Also on November 29, Donald Trump met Mitt Romney for a second time despite one of his top aides launching a public campaign against offering the former Massachusetts governor the post of secretary of state.

Donald Trump had dinner with Mitt Romney and the president-elect’s chief of staff, Reince Priebus.

Senior adviser Kellyanne Conway spoke out against Mitt Romney on November 27, saying Donald Trump’s supporters felt “betrayed” he would consider the 2012 Republican nominee for the prominent role.

Mitt Romney was one of Donald Trump’s harshest critics during the campaign.

The president-elect will also sit down with Tennessee Senator Bob Corker, the chairman of the Senate foreign relations committee.


The two men are leading contenders for the all-important diplomatic post.

Earlier, Donald Trump met retired General David Petraeus.

In a tweet after their meeting on November 28, Donald Trump said he was “very impressed” with the former CIA director.

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