Steven Mnuchin
| Steven Mnuchin | |
|---|---|
 |
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United States Secretary of the Treasury Nominee |
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Taking office TBD* |
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| President | Donald Trump |
| Succeeding | Adam Szubin (Acting) |
| Personal details | |
| Born |
Steven Terner Mnuchin December 21, 1962 New York City, New York, U.S. |
| Spouse(s) | Heather deForest Crosby (1999–2014) |
| Domestic partner | Louise Linton (engaged) |
| Children | 3 |
| Parents |
Robert Mnuchin Elaine Terner |
| Education | Yale University (BA) |
| *Pending Senate confirmation | |
Steven Terner Mnuchin (/məˈnuːtʃɪn/ mə-NOO-chin; born December 21, 1962) is a former partner of Goldman Sachs and hedge fund manager. On November 30, 2016, it was announced that Mnuchin would be nominated as United States Secretary of the Treasury in the administration of President Donald Trump.
After he graduated from Yale University in 1985, Mnuchin worked for investment bank Goldman Sachs for 17 years, eventually becoming its Chief Information Officer. After he left Goldman Sachs in 2002, he worked for and founded several hedge funds. During the financial crisis of 2007–2008, Mnuchin bought failed residential lender IndyMac. He changed the name to OneWest Bank and rebuilt the bank, then sold it to CIT Group in 2015. Mnuchin joined Trump's presidential campaign in 2016, and was named national finance chairman for the campaign.
Mnuchin is estimated to have a net worth of as much as $500 million.
Steven Mnuchin was born on December 21, 1962, in New York City, as the second-youngest son of a Jewish family. He is a son of Robert E. Mnuchin, of Washington, Connecticut, and Elaine Terner Cooper, of New York. Robert Mnuchin was a partner at Goldman Sachs in charge of equity trading and a member of the management committee. He is also the founder of an art gallery, Mnuchin Gallery, at 45 East 78th Street, New York.
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