NPR: President-elect Donald Trump has picked his campaign finance chairman, Steve Mnuchin, to be his treasury secretary. The Wall Street banker spent 17 years at Goldman Sachs, where he was a partner, and is now chief executive of Dune Capital Management, a privately-owned hedge fund.
Mnuchin, 53, joined the Trump campaign in April when the organization's fundraising campaign barely existed. He also was involved deeply in developing the President-elect's tax proposals, which could deliver as much as $6 trillion in tax reductions over 10 years, but might also contribute to much larger budget deficits. As treasury secretary he would take a lead role in developing policies aimed at boosting the country's economic growth.
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