Rep. Maxine Waters Urges Rejection of "Foreclosure King" Mnuchin for Treasury & Sessions for AG
February 7, 2017
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6:34Now PlayingRep. Maxine Waters Urges Rejection of "Foreclosure King" Mnuchin for Treasury & Sessions for AG
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as posted by the channelDonald Trump’s pick for treasury secretary, Steven Mnuchin, has deep ties on Wall Street, including working as a partner for Goldman Sachs, where his father also worked. Mnuchin’s hedge fund also played a role in the housing crisis, after it scooped up the failing California bank IndyMac in 2008. Under Mnuchin’s ownership, IndyMac foreclosed on 36,000 families, particularly elderly residents trapped in reverse mortgages. Mnuchin was accused of running a "foreclosure machine." We speak to Rep. Maxine Waters about why she opposes Mnuchin for the Treasury post.
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