Trump Auctions Himself Off to Wall Street

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Donald Trump has told prospective donors that, if elected president, he plans to nominate former Goldman Sachs banker Steve Mnuchin for U.S. Treasury Secretary.

That’s according to Anthony Scaramucci, a high-profile hedge fund manager and Trump fundraiser….Earlier this year, the 53-year-old Mnuchin joined Donald Trump’s campaign as national finance chairman.

Trump’s message to Wall Street is: The guy calling you for donations is going to be Secretary of the Treasury in a few months. So no worries: treat him right and he’ll treat you right.

This comes via Jordan Weissmann, who has about the right take on things: “Promising to pick a Wall Street banker whom you have charged with the task of raising money for your campaign from other Wall Street bankers to head the Treasury Department may be the single most straightforward way a presidential candidate could auction himself off to the financial services sector.” Trump is quite the man of the people, no?

DONALD TRUMP & DEMOCRACY

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DONALD TRUMP & DEMOCRACY

Mother Jones was founded to do journalism differently. We stand for justice and democracy. We reject false equivalence. We go after stories others don’t. We’re a nonprofit newsroom, because the kind of truth-telling investigations we do doesn’t happen under corporate ownership.

And we need your support like never before, to fight back against the existential threats American democracy faces. Fundraising for nonprofit media is always a challenge, and we need all hands on deck right now. We have no cushion; we leave it all on the field.

It’s reader support that enables Mother Jones to report the facts that are too difficult, expensive, or inconvenient for other news outlets to uncover. Please help with a donation today if you can—even a few bucks will make a real difference. A monthly gift would be incredible.

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