Ivanka Trump is extending her influence as a White House special assistant into new areas, apparently meeting every week with Treasury Secretary Steve Mnuchin to discuss economic issues.
Treasury Secretary Steve Mnuchin said on Wednesday that President Trump will not release his tax returns as he seeks to overhaul the tax code.
Treasury Secretary Steve Mnuchin has been a crucial player in preparing and selling President Trump’s tax overhaul plan.
Among Steve Mnuchin’s top Treasury picks who have failed to pass: one who criticized Trump on Twitter and another who donated to Hillary Clinton.
Senator Orin Hatch suspended the Finance Committee’s rules, allowing members to vote on Mnuchin without Democrats present.
“I think as you all can appreciate, filling out these government forms is quite complicated,” Mnuchin explained to senators.
“We did everything the bank asked. They lied to us and took our home anyway,” said Linda Fraser, referring to the OneWest bank that Mnuchin owned until two years ago.
Democrats are hoping to defeat at least one of the president-elect’s choices for the Cabinet, and Mnuchin could be at the top of the list.
If filings are correct, Mnuchin is worth upward of $150 million, a hefty sum but certainly not the largest in Trump’s cabinet of billionaires and corporate executives.
OneWest (originally IndyMac), which Mnuchin bought in 2009 and sold in 2015, already was facing scrutiny for its foreclosure practices.