Tag: Steven Mnuchin
Mnuchin Not Foreseeing a Recession
“I don’t think so. The real issue is not the economic situation today… This is a unique situation. We are going to have a slowdown. Later in the year economic activity will pick up as we confront this virus.”
— Despite forecasting an economic slowdown, Treasury Secretary Steve Mnuchin told ABC News that he does not think the coronavirus pandemic will cause a recession.
Mnuchin’s Wife Posts to Instagram Supporting Greta Thunberg; Post Deleted
“I stand with Greta on this issue. (I don’t have a degree in economics either).”
— Actress Louise Linton, Treasury Secretary Steve Mnuchin’s wife, in a now-deleted Instagram post in which she appeared to publicly break with her husband over support for Greta Thunberg’s climate change activism, Politico reports.
Mnuchin Spent $33k to Watch the Solar Eclipse
$33,000
Treasury Secretary Steven Mnuchin’s infamous trip to Kentucky to watch the solar eclipse last August cost taxpayers $33,000 because the secretary traveled on a military aircraft rather than on a commercial flight, the Daily Beast reports. Records show that the government has already spent nearly $1 million for Mnuchin’s flights on military aircraft.
Apparently There Are Two Kinds of Government Shutdown
“At times there could be a good shutdown, at times there may not be a good shutdown. There could be reasons at various times why that is the right outcome.”
— Treasury Secretary Steven Mnuchin, quoted by The Hill, when asked about President Trump’s tweet earlier this year that “Our country needs a good ‘shutdown’ in September to fix mess!”
Mnuchin the Noodge
Cutting taxes — that’s what tax reform is for —
An assertion the Treasury Secretary can’t ignore.
Though about who gets cuts,
Steve Mnuchin ifs, ands and buts,
And he won’t say that the middle class won’t pay more.
Trump Still Stalling on Taxes
“The president has no intention. The president has released plenty of information, and I think has given more financial disclosure than anybody else. I think the American population has plenty of information.”
— Treasury Secretary Steve Mnuchin, quoted by the Washington Post, on whether President Trump will release his tax returns.
Donald Voter Lost Her Home To His Treasury Nominee
Teena Colebrook, one of the few Californians who voted for Donald, is already deeply regretting her vote. She and others have contacted the Associated Press to express their horror of Donald’s pick for secretary of the Treasury, Steven Mnuchin, whose former bank, OneWest, foreclosed on them unfairly, they say, after financial meltdown in 2008.
OneWest, a bank formerly owned by a group of investors headed by Mnuchin, had foreclosed on her Los Angeles-area home in the aftermath of the Great Recession, stripping her of the two units she rented as a primary source of income.
“I just wish that I had not voted,” said Colebrook, 59. “I have no faith in our government anymore at all. They all promise you the world at the end of a stick and take it away once they get in.”
Less than a month after his presidential win, Trump’s populist appeal has started to clash with a Cabinet of billionaires and millionaires that he believes can energize economic growth…
But the prospect of Mnuchin leading the Treasury Department prompted Colebrook and other OneWest borrowers who say they unfairly faced foreclosure to contact The Associated Press. Colebrook wishes she could meet with Trump to explain why she feels betrayed by his Cabinet selection after believing that his presidency could restore the balance of power to everyday people.
“He doesn’t want the truth,” she said. “He’s now backing his buddies.”
