This is the first biography of the new Treasury Secretary, Steven Mnuchin. Steven Mnuchin 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 coming administration of President-elect 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 $400 million.
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