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sarae

(3,284 posts)
Tue May 10, 2016, 10:51 AM May 2016

Donald Trump's National Finance Chairman Is One of Wall Street's Elite

Trump has no ground to stand on if he tries to go after Hillary on her ties to Wall Street:

http://gawker.com/donald-trumps-national-finance-chairman-is-one-of-wall-1775715151

After dropping some $40 million of his own money on the Republican primaries—and making a very big deal about it—Donald Trump has realized he is going to need other people’s money if he’s going to be elected president. To help him get it, he’s named as national finance chairman his business associate Steven Mnuchin, a hedge fund manager with a history of donating to Democrats and exploiting the housing crisis for his own gain.

Currently the chairman and CEO of Dune Capital Management LP (which has lent to Trump on development deals, including Trump Tower in Chicago), Mnuchin has given about $71,000 to Democrats since 1998, according to Reuters, and $37,000 to Republicans. “I’m not a traditional fund-raiser—I think that was part of the appeal I had for Donald,” Mnuchin told the New York Times on Monday. “I have given to Democrats in the past. I’ve always believed in supporting the best candidate at the time.”


“I wouldn’t in any way say I distanced myself from Wall Street,” Mnuchin told the Times. “I have very good friends on Wall Street.” That should come in handy.
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