Steven Mnuchin Is Confirmed as Treasury Secretary

[Eugene]

Source: New York Times

WASHINGTON — The Senate confirmed Steven T. Mnuchin, a former Goldman Sachs banker and Hollywood film financier, to be secretary of the Treasury Department on Monday, putting in place a key lieutenant to President Trump who will help drive the administration’s plans to overhaul the tax code, renegotiate trade deals and remake financial regulations.

By a vote of 53 to 47, the Senate confirmed Mr. Mnuchin, who was Mr. Trump’s top fund-raiser during his campaign. During a long debate over Mr. Mnuchin’s credentials, Democrats argued that Mr. Mnuchin’s experience on Wall Street exemplified corporate malpractice that led to the 2008 financial crisis.

During his confirmation hearing before the Senate Finance Committee last month, Mr. Mnuchin was scolded by Democrats for failing to disclose nearly $100 million in assets and for not revealing his role as a director for an investment fund based in the Cayman Islands, a well-known tax haven. Republicans on the committee broke with protocol and pushed Mr. Mnuchin’s vote to the Senate floor after a boycott by Democrats.

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Read more: https://www.nytimes.com/2017/02/13/us/politics/steven-mnuchin-confirmed-treasury-secretary.html?_r=0

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By ALAN RAPPEPORT FEB. 13, 2017

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According to CNN, Manchin voted aye.

[mobeau69]

1. With one Dem vote from WV.

@%&*

[iluvtennis]

16. It was the WV guy who crossed lines and voted for DeVos as well. nt

[lagomorph777]

20. Manchin will be primaried out.

May he burn in hell.

[former9thward]

27. No one is running against him.

[lagomorph777]

30. Let's fix that.

2018 should be a good year for Dems; it will be an appealing option for somebody to get in the ring.

[bravenak]

2. Of course manchin is a traitor on this issue

[rpannier]

3. I'm waiting for his press release

Nothing so far
His opposition to Hair Douche's nominees he was front and center on
Nominees like Sessions he waited to post his press release on why he supported until no one was looking
My guess, this will be no different

[bravenak]

5. I cannot see how WV Dems can stand him at all

[rpannier]

7. Their bench is paper thin is my guess

I haven't seen much in the way of the new generation of Democrats coming along in that state
That could be because it was the same people sitting in office for so long that they didn't prepare
Or they just went full red so quickly the party couldn't keep up

[bravenak]

10. We have the same problem up here. Very frustrating

[Demsrule86]

9. In the end Dems won't vote for Manchin and he will lose because the GOP prefer the real thing

When will they learn? Did they not see what happened to Mary Landrieu? There is a long list.

[bravenak]

11. He'll be sniffing around for votes when his run comes to an end

By that time we may not need him at all

[rpannier]

13. Manchin has benefitted from his close ties to Byrd

But even that probably won't save him this time around

[yurbud]

21. How could a Democrat justify voting for Mnuchin even if a DEMOCRATIC president had put him up?

That's the real question with a lot of these nominees. Even if Trump were an otherwise acceptable president, many of these nominees are incompetent or criminals and therefore unfit to serve regardless of who appointed them.

[lagomorph777]

29. Well, I assume that in WV, the coal miners are clamoring for deregulation of their 401Ks

They want their bankers to have free reign to gamble their savings away.

[Demsrule86]

32. You don't get it. I lived in WVA...they are uneducated

and vote on guns and abortion...they will never think about stuff...they look at this like a team sport. The idea that they will vote for us when things get bad is silly...been bad for years.

[lagomorph777]

33. The idea that Manchin thinks he should put a thief in charge of the Treasury is ludicrous.

WV voters won't even be aware of the vote, but they will suffer the consequences.

[Demsrule86]

34. The Republicans will use it against him in the next election.

We can't stop the GOP from putting in who they want unless some GOP join in. If there was a chance to derail the appointment than Manchin's vote matters...but there wasn't. I would rather have a Democrat in WVA because we may need a warm body to shift the Senate to the Dems in 18...uphill battle but doable with Trump. Now, I actually disagree with Manchin and think cozying up to the GOP is going to get him tossed out like Landrieu...they prefer the real thing. But putting up a liberal candidate in WVA would be a waste of time.

[Demsrule86]

31. We won't get a liberal in WVA...so I would vote for him before a GOP...

We may need him to take the Senate back..so we are in charge...all about numbers...you don't have the numbers doesn't matter how pure and liberal you are. I am a liberal, but I would do anything to prevent the GOP takeover of the courts and the horror that Trump's immigration order has unleashed and the war he will sure start.

[lagomorph777]

22. I believe Byrd passed away

I don't think he can help Manchin from Hell, though he may be there to greet him.

[rpannier]

24. He is dead. Manchin has his seat

Manchin was a close friend and confidant of Byrd and has used that to his advantage. That plus of having been so close to the late Sen Byrd probably will not save, much less help him this time like it did before

[lagomorph777]

25. I know. Teensy bit of tongue in cheek there.

[rpannier]

26. okay

np
I live in Asia. Its almost 1130 pm
Went right over my head

[Thrill]

28. He can't help himself

.

[elmac]

4. Hey T-baggers

hows that anti establishment president working out for ya, you bunch of brain dead dumbasses.

[femmocrat]

6. I didn't even bother to email Toomey.

Mnuchin seems like his kind of guy.

[uppityperson]

8. Drain the swamp?

[lagomorph777]

23. More like hire the alligators.

I wonder if Trump Chumps are paying any attention.

[Botany]

12. Trumps Treasury secretary nominee Steven Mnuchin profited from Bernie Madoff Ponzi scheme

http://www.nydailynews.com/news/politics/treasury-secretary-nominee-steven-mnuchin-profited-madoff-article-1.2892862


The family of President-elect Donald Trump’s nominee for Treasury secretary scored more than $3 million from Bernie Madoff’s Ponzi scheme — and got to keep the cash even after that scam crumbled.

A Madoff trustee sued the family of Steven Mnuchin in 2011 to claw back $3.2 million in fake profits they pocketed from Madoff’s con.

According to a complaint filed in federal bankruptcy court in New York, Mnuchin’s mother Elaine Cooper received $3,204,227 from Madoff’s massive Ponzi scheme, in which the former financier swindled nearly $65 billion from his Wall Street clients. It is the largest Ponzi scheme in American history.

[TeamPooka]

14. Merry Christmas Billionaires! nt

[Angry Dragon]

15. Trump drained the DC swamp but where is he getting these new swamp creatures??

[trumputin must go]

17. Listen carefully

Especially from 16-20 seconds;

[Blue_Tires]

18. Those days of Hillary being the "Goldman Sachs candidate"

and "RELEASE THE TRANSCRIPTS" seem so quaint and might as well be 10 years ago...

I am amused personally to see a huge chunk of the left stop giving a shit about GS after that first week of November, though... Where are they now that they're needed?

[FSogol]

19. +1 n/t