President-elect Donald Trump has selected Steven Mnuchin, a Goldman Sachs veteran turned movie producer, to be US Treasury secretary. Mr Mnuchin chairs the Dune Capital hedge fund and Dune Entertainment Partners and backed the president-elect during the Republican primary and then served as his campaign finance director.
As Treasury secretary Mr Mnuchin will face the challenges of managing the national debt, global financial ties and Wall Street regulation for a president whose plans appear set to raise government borrowing, risk trade tensions and loosen the shackles on banks.
