ChinaUS EUROPEASIA 中文双语Français
World\Americas

US Senate confirms Steven Mnuchin as treasury secretary

Xinhua | Updated: 2017-02-14 13:04

US Senate confirms Steven Mnuchin as treasury secretary

Steven Mnuchin testifies before a Senate Finance Committee confirmation hearing on his nomination to be Treasury secretary in Washington, US, January 19, 2017. [Photo/Agencies]

WASHINGTON - Steven Mnuchin, a former banker, was confirmed on Monday by US Senate as Treasury Secretary.

Mnuchin won in a 53-47 Senate vote in which only one Democrat, Senator Joe Manchin of West Virginia, voted in favor, and the rest supports are all from Republicans.

The confirmation is expected to help President Donald Trump's administration to push ahead with its goals to dismantle financial regulations and slash taxes.

Mnuchin, 54, was Trump's top fund-raiser during the presidential campaign.

The US Senate Finance Committee once postponed votes on him out of concerns that the treasury secretary pick may give false testimony on foreclosure practice by OneWest Bank, of which Mnuchin was former chairman.

BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US