President-elect Donald Trump nominated former Goldman Sachs partner and Hollywood financier Steven Mnuchin for Treasury secretary, the transition team said Wednesday.
Mnuchin, a Wall Street veteran, was chosen over several high-profile candidates, including JPMorgan Chase Chairman Jamie Dimon and Rep. Jeb Hensarling, chairman of the powerful House Financial Services Committee.
“Steve Mnuchin is a world-class financier, banker and businessman, and has played a key role in developing our plan to build a dynamic, booming economy that will create millions of jobs,” Trump said in a statement.
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