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Trump’s Treasury Pick Moves in Secretive Hedge Fund Circles

By Tony Seruga

Steven T. Mnuchin, Donald Trump’s choice for Treasury secretary, at Trump Tower on Nov. 30.CreditEvan Vucci/Associated Press

As a hedge fund manager, Goldman Sachs trader and bank chief executive, Steven T. Mnuchin has long been a member of the financial elite.

Yet even on Wall Street he was not widely known before Donald J. Trump chose him to be his campaign fund-raiser last spring.

Now, Mr. Mnuchin is on a path to become the first hedge fund manager to head the Treasury. As befitting that closed-door world of finance, Mr. Mnuchin’s record shows a willingness to take on risks and a penchant for secrecy that members of both parties expect will be a focus of his Senate confirmation hearing…

Trump’s Treasury Pick Moves in Secretive Hedge Fund Circles

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