Steven Mnuchin, previously best known as a producer of the critically-derided but mildly successful supervillain team-up movie Suicide Squad, has been appointed US Secretary of the Treasury.
The position, first occupied by celebrated revolutionary hero Alexander Hamilton, is fifth in line to the presidency. Mnuchin’s day-to-day responsibilities will centre on fiscal policy, taxation, financial regulation, and the management of public debt.
Apart from his career in film production, Mnuchin is known for his time at a number of major financial institutions including Goldman Sachs and OneWest Bank – where he earned the soubriquet ‘The Foreclosure King.’
Michigan senator Debbie Stabenow noted to AP that "OneWest was notorious for taking an especially aggressive role in foreclosing on struggling homeowners."
