BREAKING NEWS: Trump to pick Mnuchin for treasury secretary

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2016-11-29 22:57:56

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Donald Trump plans to nominate Steven Mnuchin to serve as the next Treasury secretary - his first major economic policy decision as president-elect.

The Goldman Sachs alumnus was Trump's campaign finance chairman, and has long been seen as a top contender to run his Treasury Department.

Mnuchin's appointment will require confirmation by the Senate, where his extensive ties to the finance industry will likely prove to be a major focus. Progressive groups have already signaled opposition.


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