Senate Republicans Pull Big Move To Force Through Confirmation For Trumps Picks
http://bipartisanreport.com/2017/02/01/senate-republicans-pull-big-move-to-force-through-confirmation-for-trumps-picks/
On Tuesday, Democrats boycotted the committee vote stage of the confirmation hearings for both Treasury Secretary nominee Steven Mnuchin and Secretary of Health and Human Services nominee Tom Price.
Opposition leaders claimed that neither individual had been properly vetted as to their conflicts of interest before taking office. In Prices case, he has been found to have had a significant stake in a biomedical corporation that had given him special treatment because of Prices Congressional seat. He was not truthful about his stock in that company while being questioned about it by the Senate.
In Mnuchins case, hes about as shady of a financier as they come. The former Goldman Sachs exec has his fingers in everything from the Bernie Madoff Ponzi scheme scandal to some of the most scandalous parts of the reverse mortgage industry that haphazardly tread the line between whats legal and whats illegal.
Mnuchin was one of the executives at the now effectively defunct OneWest Bank, which was the financial institution behind a whopping almost 40 percent of the countrys reverse mortgage fueled foreclosures since 2009.
OneWest/ Mnuchin has been hit with investigation after investigation into these foreclosures, since their aggressive collection strategies have left many borrowers rights violated. For example, in one highly publicized case, OneWest foreclosed on an elderly woman in Florida over an error in her mortgage payments of less than one dollar.
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