Steven Terner Mnuchin is an American investment banker and film producer who served as the 77th United States secretary of the treasury as part of the Cabinet of Donald Trump from 2017 to 2021.
50 Facts About Steven Mnuchin
2.
Steven Mnuchin worked at Goldman Sachs for 17 years, eventually becoming its chief information officer.
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Steven Mnuchin later served on the boards of Kmart and Sears Holdings.
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Steven Mnuchin joined Trump's presidential campaign in 2016, and was named National Finance Chairman for the campaign.
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Steven Mnuchin was born on December 21,1962, in New York City, the second-youngest son in his family.
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Steven Mnuchin is the son of Robert E Mnuchin of Washington, Connecticut, and Elaine Terner Cooper of New York.
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Robert Steven Mnuchin was a partner at Goldman Sachs in charge of equity trading and a member of the management committee.
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Steven Mnuchin is the founder of an art gallery in New York City, the Mnuchin Gallery.
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Steven Mnuchin's great-grandfather, Aaron Steven Mnuchin, a Russian-born diamond dealer who later resided in Belgium, emigrated to the US in 1916.
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Steven Mnuchin graduated from Yale University in 1985 with a bachelor's degree in economics.
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At Yale, Steven Mnuchin was publisher of the Yale Daily News, and was initiated into Skull and Bones in 1985.
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Steven Mnuchin graduated from Yale in 1985 and started working for Goldman Sachs, where his father had been employed since 1957.
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Steven Mnuchin started in the mortgage department, and became a partner at Goldman in 1994.
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Until he left the company in 2002, Steven Mnuchin held the following positions as a partner:.
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Steven Mnuchin founded a hedge fund called Dune Capital Management, named for a spot near his house in The Hamptons, in 2004 with two former Goldman partners.
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Steven Mnuchin became a director of Kmart when it exited bankruptcy through an investment by ESL.
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Steven Mnuchin has been criticized for his use of offshore entities for investment purposes as a hedge-fund manager, which is a common practice in the industry.
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On December 2,2016, Steven Mnuchin resigned from the board of directors of CIT as a result of his selection as nominee for Secretary of the Treasury.
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In 2004, Steven Mnuchin founded Dune Entertainment as a side business.
20.
In 2012, after Dune's deal with 20th Century Fox ended, Steven Mnuchin worked with the filmmaker Brett Ratner and the Australian businessman James Packer to merge his Dune Entertainment company with Ratner and Packer's newly founded RatPac Entertainment joint venture.
21.
Steven Mnuchin was co-chairman of the trio's movie company, Relativity Media, but left seven months before it went bankrupt.
22.
Steven Mnuchin later claimed most of those donations were favors for friends.
23.
Between June and September 2016, Steven Mnuchin donated over $400,000 to the Republican Party, including donations to Paul Ryan and Donald Trump.
24.
Steven Mnuchin was an early supporter of Trump, and attended his victory party after the New York Republican primary victory on April 19,2016, for which he received a last-minute invitation.
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Steven Mnuchin was called the following day by Trump, who asked him if he wanted to be the national finance chairman of his campaign.
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Steven Mnuchin worked with Republican National Committee counterpart Lewis Eisenberg on a late-developing joint operation for the committee and the Trump campaign.
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Steven Mnuchin said in order to get there, "our number one priority is tax reform".
28.
On November 30,2016, Donald Trump announced on his website that he would nominate Steven Mnuchin as United States Secretary of the Treasury.
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Steven Mnuchin himself said he was "honored to have the opportunity to serve our great country in this important role".
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Steven Mnuchin called Trump's economic agenda a "bold" one "that creates good-paying jobs and defends the American worker".
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Steven Mnuchin described the omissions as mistakes made amid a mountain of bureaucracy.
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Steven Mnuchin received unanimous support from Senate Republicans but from only one Senate Democrat, Joe Manchin of West Virginia.
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In January 2020, Steven Mnuchin dismissed environmental activist Greta Thunberg, saying she should go to college and study economics before weighing in on policy.
34.
On June 12,2017, Steven Mnuchin denied the debt ceiling not being raised before the August recess would cease federal government operations, and said Congress should weigh the option of "changing the timing so that the debt ceiling matches the budget process so we don't have to deal with this in this format" during a House appropriations subcommittee hearing.
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Steven Mnuchin is a member of the so-called "Big Six", a group of politicians convened to write a tax reform proposal that incorporated input from members of the House of Representatives, Senate, and White House.
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Steven Mnuchin claimed the bill would pay for itself by causing explosive economic growth; he promised the treasury was working on an analysis that showed that, and that the analysis would be made public before Congress voted on the legislation.
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However, on November 30,2017, sources within the Treasury department said Steven Mnuchin had ordered no analysis of the tax plan and that there was no Treasury analysis that showed that the tax cuts would pay for themselves.
38.
In May 2018, Steven Mnuchin instructed his staff to accept a non-low-income tract in Storey County, Nevada, as an Opportunity Zone shortly after attending a Milken Institute event in Beverly Hills with Michael Milken.
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At a March 18,2017, meeting of G-20 country finance ministers, Steven Mnuchin supported the Trump administration's trade policy of economic protectionism.
40.
On March 15,2018, Steven Mnuchin unveiled a series of sanctions, first time under CAATSA as well as Executive Order 13694, against various Russian entities and individuals.
41.
On September 24, Steven Mnuchin appeared on This Week and State of the Union to defend Trump's call to "get that son of a bitch off the field right now", referring to the protests by professional athletes starting in 2016, most notably marked by Colin Kaepernick kneeling during the pregame singing of the national anthem.
42.
In March 2017, Steven Mnuchin drew ethics concerns as regarding a statement he had made urging parents to "send all your kids to LEGO Batman" during an interview with Axios, apparently endorsing The Lego Batman Movie, of which he was an executive producer.
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Steven Mnuchin had stepped down from the role as part of his ethics agreement to divest his business roles in preparation for his appointment as Secretary of the Treasury.
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Linton's announcement of her role at Dune Entertainment drew the attention of Senator Ron Wyden [D-Oregon], a member of the Senate Finance Committee, who questioned whether the appointment of Linton meant Steven Mnuchin had fully divested from the company.
45.
Steven Mnuchin stated that, as a member of the United States National Security Council, he needed access to secure communications during his honeymoon, but withdrew his request for the military jet after an alternative was identified.
46.
The OIG released its report on October 4,2017, concluding that there was "no violation of law in these requests and uses" of government aircraft by Steven Mnuchin, but expressing concern regarding "a disconnect between the standard of proof called for in the Daley memo and the actual amount of proof provided by Treasury and accepted by the White House in justifying these trip requests".
47.
Steven Mnuchin spoke at UCLA on February 26,2018, where he was heckled and initially blocked the video from being released.
48.
From 1992 to 1999, Steven Mnuchin was married to Kathryn Leigh McCarver.
49.
In 1999, Steven Mnuchin married Heather deForest Crosby, and they had three children together.
50.
Steven Mnuchin served as a member of the development board of Yale University, as a board member of the Riverdale Country School, as a member of the national board and senior member of the non-profit youth organization Junior Achievement, to which he had donated money, and as a board member of the Hirshhorn Museum and Sculpture Garden.