A number of Steven Mnuchin’s friends and colleagues were floored when he became Donald Trump’s national finance chairman for Trump’s presidential campaign. The financier has helped Trump raise millions in the last few months. But he his background may seem surprising to many of Trump’s supporters. Mnuchin, like his father, worked at Goldman Sachs, helped finance Hollywood blockbusters, and came back to banking in the aftermath of the financial crisis for a profit.
But as Max Abelson and Zachary Mider report for Bloomberg Businessweek, Mnuchin may be thinking about his time with the campaign as a bet with long odds — and a huge potential payoff. Could Steven Mnuchin be our next Treasury secretary?
Click the audio player above to hear the interview.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.