Durbin to oppose Treasury Secretary nominee Steven Mnuchin

WASHINGTON – U.S. Senator Dick Durbin (D-IL) released the following statement on President Trump’s nominee to lead the U.S. Department of Treasury, Steven Mnuchin, the former Chairman and CEO of OneWest, a bank known in the industry as a “foreclosure machine.”

“Mr. Mnuchin’s business record tells us he was directly engaged in the predatory practices that led to our financial recession and destroyed the life savings of countless American working families. He’s the wrong man to be America’s Treasury Secretary.”