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Trump’s Treasury Pick Steven Mnuchin to Sell His Stake in Warner Bros. Films

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Trump’s Treasury Pick Steven Mnuchin to Sell His Stake in Warner Bros. Films

Trump’s Treasury Pick Steven Mnuchin to Sell His Stake in Warner Bros. Films*/

– A financial disclosure details his significant holdings in the entertainment industry, including a company with stakes in 85 films including ‘Batman v. Superman,’ ‘Max Mad: Fury Road’ and ‘Sully.’Steven Mnuchin, the president-elect’s nominee to head the U.S. Treasury Department, will divest his interest in about 85 Warner Bros. films including Batman v. Superman: Dawn of Justice, Mad Max: Fury Road, and Sully.The stakes in those movies could be up for sale soon.
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Treasury nominee Steven Mnuchin discloses holdings and pledges divestments if confirmed

Treasury nominee Steven Mnuchin discloses holdings and pledges divestments if confirmed*/

– Los Angeles banker and film financier Steven Mnuchin, if he is confirmed as U.S. Treasury secretary, will sell his stakes in numerous hedge funds, investment vehicles and companies, including AT&T, Microsoft and Goldman Sachs, the firm where he started his career.In a financial disclosure report released Wednesday by the federal Office of Government Ethics, Mnuchin detailed his holdings in or income from hundreds of entities, funds, stocks and other assets including real estate, artwork and a plane.In a letter accompanying the report, Mnuchin said he would sell his holdings in 43 companies and hedge funds within 90 days of his confirmation.
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Treasury Nominee Steven Mnuchin Looking to Shed de Kooning Painting Worth $12M-18M

Treasury Nominee Steven Mnuchin Looking to Shed de Kooning Painting Worth $12M-18M*/

– According to the auction house, the artwork, de Kooning’s “Untitled III,” is leveraged by an unnamed third-party guarantor.After announcing plans to divest his Hollywood holdings, Treasury Secretary nominee Steven Mnuchin is shedding still more assets to avoid conflicts of interest between his business interests and the responsibilities of his office.Among the financier’s interests in 43 companies and investments targeted for divestment is a painting by artist Willem de Kooning, “Untitled III,” valued by Christie’s between $12 million and $18 million.
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