Steven Mnuchin, Trump's pick for Treasury secretary, confirmed by the Senate after fierce opposition by Democrats
Bob Bryan Treasury Secretary Steven MnuchinWin McNamee/Getty Images Steven Mnuchin was confirmed by the US Senate on Monday night as the new Secretary of the Treasury. Mnuchin's confirmation came down nearly on a party line vote of 53 to 47, with no Republicans voting against the confirmation. Democratic Sen. Joe Manchin of West Virginia voted for Mnuchin. Mnuchin, a former Goldman Sachs banker and hedge fund manager , came under fire during his confirmation for various mistakes in financial disclosures to the Senate, as well as several previous investments. Mnuchin's fund invested in a mortgage lender called IndyMac at the height of the housing crisis (the name was later changed to OneWest). The lender's subsequent foreclosures on homeowners was called out by opponents as proof that the Treasury nominee profited from the financial woes of everyday Americans. Democrats claimed Mnuchin's company used tactics such as robo-signing to foreclose on as many peo...