IN SOME respects, Steve Mnuchin is a typical nominee for the post of treasury secretary. Like two of his last seven predecessors—and his father and brother—he climbed the ranks at Goldman Sachs, a bank. In the 2000s he briefly worked for George Soros, an investor. (On the eve of the election, Mr Soros featured alongside Lloyd Blankfein, Goldman’s CEO, as a target of a Donald Trump attack on the “global power structure”.) As the news of Mr Mnuchin’s nomination broke, he spoke soberly on CNBC, a business news channel, of the need to reform the tax code.
Yet in other ways Mr Mnuchin is a rather unconventional nominee. In recent years he has mostly swapped finance for films. His entertainment company, in partnership first with Fox and later with Warner Bros, has produced blockbusters including “Avatar” and “Gravity”. In his latest effort, a romantic drama about 1950s Hollywood, Mr Mnuchin even makes a cameo appearance—though that was not enough to stop it flopping over the Thanksgiving weekend. Earlier in 2016, Mr Mnuchin’s fiancée, a British actress, drew some notoriety for...Continue reading
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