Shortly after Donald Trump announced Steve Mnuchin as his national finance chairman on Thursday, it was revealed that Mnuchin has financial ties to Hillary Clinton.
It is reported that Mnuchin made donations to Clinton’s senatorial and presidential campaigns. He also has had dealings with George Soros, a major contributor to a pro-Hillary super PAC. Of course, as Sen. Ted Cruz often pointed out, Trump has also contributed to some of Clinton’s campaigns.
Mnuchin was employed by Goldman Sachs for 17 years prior to founding One West Bank Group LLC in 2009. Soros was one of several backers for the company. Mnuchin served as president and CEO until the company was sold to CIT Group in August 2015.
Advertisement – story continues below
According to Open Secrets, Mnuchin donated to Clinton’s senatorial campaigns as well as to her 2008 presidential campaign.
The list of people who have benefited from donations by Mnuchin include John Edwards, Steve Forbes and Rudy Giuliani.
He also contributed to the senatorial and presidential campaigns of Barack Obama.
Advertisement - story continues below
In a statement by Trump, he said, “Steven is a professional at the highest level with an extensive and very successful financial background. He brings unprecedented experience and expertise to a fundraising operation that will benefit the Republican Party and ultimately defeat Hillary Clinton.”
On Wednesday, Trump told ABC his campaign has already cost him $44 million and he “probably will take small donations.”
Responding on his new position, Mnuchin said, “It’s a great privilege to be working with Mr. Trump to create a world class finance organization to support the campaign in the General Election.”
Facebook has greatly reduced the distribution of our stories in our readers' newsfeeds and is instead promoting mainstream media sources. When you share to your friends, however, you greatly help distribute our content. Please take a moment and consider sharing this article with your friends and family. Thank you.