Foreclosures

With Treasury candidate Mnuchin come possible conflicts

With Treasury candidate Mnuchin come possible conflicts

A leading candidate to be President-elect Donald Trump's treasury secretary was deeply involved in running a bank that has received $900 million in federal bailout money and that has been accused of discrimination - examples of the potentially thorny conflicts of interest that could plague Trump's nascent administration.

Steven Mnuchin was the finance chairman for Trump's campaign, and three people close to the presidential transition team said that at the moment he is among the most likely candidates to helm Treasury. Mnuchin, a Goldman Sachs veteran, made his name as a private investor when he led the 2009 purchase of failed subprime mortgage lender IndyMac, the California bank...

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