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Rick Perry, Steven Mnuchin go before Senate for confirmation hearings

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“Foreclosure King” Steven Mnuchin Has one Ethical Conflict He’d Like to Keep

“Foreclosure King” Steven Mnuchin Has one Ethical Conflict He’d Like to Keep*/

– Yesterday, Steven Mnuchin, Donald Trump’s pick for Treasury secretary, suggested that he would break ranks with his boss by divesting stakes in 43 companies to avoid conflicts of interest, from his interests in his movie-production business to his investments in John Paulson’s hedge fund.Although such a move is exactly what a person in Mnuchin’s position is supposed to do, the fact that he has declared he would do so on the same day Trump said he will not made him look pretty good.But not so fast!
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Rick Perry, Steven Mnuchin go before Senate for confirmation hearings

Rick Perry, Steven Mnuchin go before Senate for confirmation hearings*/

– President-elect Donald Trump’s energy secretary nominee Rick Perry and treasury secretary nominee Steven Mnuchin will testify at their Senate confirmation hearings Thursday morning.A former Texas governor, Perry has previously argued to eliminate the Department of Energy and reportedly was not entirely sure about what the department does when he was offered the position.If confirmed, Perry will largely work to oversee the U.S. nuclear arsenal and is expected to face tough questions today from combative Democrats, the Texas Tribune reports.
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Donald Trump Cabinet Picks Steven Mnuchin And Rick Perry Face Confirmation Hearings

Donald Trump Cabinet Picks Steven Mnuchin And Rick Perry Face Confirmation Hearings*/

– He doesn’t seem to understand what the DOE actually does.“They’ve never created one bit of energy, the best I can tell,” Perry said during an October 2011 campaign stop in New Hampshire.“Our energy industry has to be freed up from the overregulations.
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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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Steven Mnuchin Will Be The Next Secretary Of The Treasury Because Resistance Is Futile

Steven Mnuchin Will Be The Next Secretary Of The Treasury Because Resistance Is Futile*/

– After a career spent basically making it impossible that he would ever hold a government job, Steven Mnuchin entered the Dirksen Office Building earlier today for his confirmation hearing to become the next Secretary of The United States Treasury Department.It was a show that some in attendance clearly did not want to see – especially Senate Finance Committee Chair Orrin Hatch who acted like the whole thing was community theater being performed on his lawn without his permission and appeared to be under the impression that Mnuchin was the second coming of Alexander Hamilton and perhaps his own biological son – and Mnuchin was grilled on a variety of topics by members of both parties.In fairness to the Zelig of bad moments in modern financial history, Mnuchin was unflinching (if you don’t count his face and some of his answers) throughout the hearing and made it clear that he is a fiscal moderate who may or may not have benefited enormously from the mortgage crisis by running a foreclosure machine backed up by Treasury Department loans.
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