Former Goldman Sachs executive Steven Mnuchin has been selected by President-elect Donald Trump to serve as secretary of the Treasury.
Mnuchin is a co-founder, co-CEO and the chairman of Dune Capital Management. He served as the finance chairman for Trump's campaign.
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According to ABC News, CIT Group, a lending company on which Mnuchin is a board member, faces a housing discrimination complaint.
Mnuchin's appointment must be confirmed by the Senate.
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Learn more about Mnuchin from ABC News.