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Waters Denounces Confirmation of Foreclosure King Steven Mnuchin as Treasury Secretary

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Washington, DC, February 13, 2017 | comments

Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, released the following statement today in response to the U.S. Senate’s confirmation of Steven Mnuchin as Secretary of the U.S. Department of the Treasury:

“I am extremely disappointed in Senate Republicans for clearing the way for yet another Wall Street insider to take a critical leadership position in the Administration. Trump and his fellow Republicans in Congress are determined to pack the Administration with bankers and billionaires, ensuring that special interests are represented, not the needs of hardworking Americans. Steven Mnuchin’s history of predatory home foreclosures, his blatant lies to the Senate regarding the robo-signing of foreclosure documents, and his threats to dismantle consumer protections should have been more than enough to deny his confirmation.

“This confirmation goes beyond letting the fox in the henhouse. They have given the keys to the Treasury to the Foreclosure King.

“Mr. Mnuchin’s deeply troubling track record makes me very skeptical of his ability to serve in a fair and ethical manner. I will be watching him and the rest of the Trump administration very closely and I promise to continue to hold them accountable.”

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