US Economy in 'Great Hands' With Mnuchin Confirmed as Treasury Secretary


US Economy in 'Great Hands' With Mnuchin Confirmed as Treasury Secretary

The new Treasury Secretary he said will put his skills to work for Americas working families and he will help make America the greatest jobs magnet on the face of the earth.

Former banker and hedge fund manager Steven Mnuchin has been sworn in as USA treasury secretary following his confirmation by the Senate.

Votes on President Donald Trump's Cabinet picks have exposed deep partisan divisions in the Republican-controlled Senate, with numerous nominees approved by mostly party-line votes. "The Senate has never left Treasury without a confirmed Secretary in between administrations for this long", Finance Chairman Orrin G. Hatch said ahead of the vote. The vote was 100-0.

Republicans lauded Mnuchin's lengthy experience in the field.

Prior to being tapped for the position, he served as Trump's finance chairman during the campaign.

"He has experience managing large and complicated private-sector enterprises and in negotiating hard compromises and making tough decisions - and being accountable for those decisions", said Sen. "Mr. Mnuchin is clearly qualified to serve as secretary of the United States Treasury".

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It is hard when you achieve something so good. "He has to make changes otherwise, if they continue like that, they will go down". They take on Sevilla in the Champions League last 16 on Tuesday before travelling to Millwall in the last 16 of the FA Cup.

Other Democrats fiercely opposed the nomination, with the Democratic National Committee accusing him of being a "foreclosure machine" as head of OneWest Bank from 2009 to 2015. Senate Democratic Leader Chuck Schumer and Sen.

Mnuchin's confirmation marks the start of a third straight week of a slow-moving, highly partisan process to fill Trump's cabinet that followed a week of late nights and partisan theatrics in opposition to Trump's cabinet picks. It's no secret that I have reservations about President Trump's selection of Mr. Mnuchin, especially given the key role the Treasury Department plays in enforcing the Wall Street reforms in Dodd-Frank. "That's a broken promise".

Last week, the Senate held two overnight sessions opposing Education Secretary Betsy DeVos and Attorney General Jeff Sessions.

Instead, all eyes are on Labor nominee Andrew Puzder, who will come up for a confirmation hearing Thursday, nearly one week after revelations that he had hired an undocumented worker to do housework for him. All Republicans voted for the nominees except for Sens. The main focus will be on rank-and-file Republicans, and whether they change their minds on him.

Because Democrats have only 48 senators, including two independents, they have no ability to block any of Trump's nominees without the support of Republicans.



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