President-elect Trump selected Steven Mnuchin on Wednesday to serve as secretary of the treasury. Mnuchin was the Trump campaign’s national finance chairman, and the two have run in the same New York circles for decades. But disturbingly, Mnuchin has routinely donated to Democratic politicians.
Mnuchin has a long history on Wall Street, where he earned a sterling reputation and millions of dollars. Mnuchin worked for 17 years at Goldman Sachs, leaving in 2002 to become vice chairman of a longtime friend’s hedge fund, ESL. In 2003, Mnuchin worked briefly for George Soros’ SFM Capital Management before co-founding Dune Capital with other former Goldman Sachs employees.
The selection of Mnuchin should be troubling for constitutional, limited-government conservatives. Not only does he have ties to big-money liberals such as Soros, he and his family have together given millions of dollars to Democratic Party candidates since 1997.
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Trump’s pick of Mnuchin raises serious red flags. As head of the Department of the Treasury, Mnuchin would be one of the Trump administration’s most influential economic figures. He’d play a significant role in helping to shape the national government’s financial policies, and he’d also have a lot of influence over money borrowed by the government.
Considering Mnuchin’s close ties to and support for people who have totally rejected fiscal responsibility in favor of extreme government regulations and expansive social programs, it’s fair to wonder why Trump would make such a pick, other than because it seems Mnuchin is a personal friend who helped Trump get elected.
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Trump Treasury pick Mnuchin has given millions to Dems and far-left groups https://t.co/Bd2jvvZh0D
— Tim Carney (@TPCarney) November 30, 2016
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