Trump to tap Mnuchin, former Goldman Sachs partner, for treasury secretary

Steven Mnuchin, national finance chairman of President-elect Donald Trump's campaign, walks to lunch at Trump Tower Tuesday. AP Photo.

President-elect Donald Trump will nominate Steven Mnuchin to be the nation’s 77th treasury secretary, a person familiar with the decision says.

Mnuchin is a financial executive who served as head of Trump’s campaign finance operation.

When Mnuchin was chosen by Trump as his national finance director in May, he told The Associated Press the two men had been friends for 15 years.

If approved by the Senate, Mnuchin would follow in the tradition of two previous treasury secretaries, who all spent years working at Wall Street powerhouse Goldman Sachs. He would bring no government experience to the job.

The person familiar with the decision would only discuss it on condition of anonymity because the person was not authorized to reveal it ahead of the official announcement. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others and keep the conversation on topic and civil. If you see an inappropriate comment, please flag it for our moderators to review.

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