Treasury Secretary nominee Steven Mnuchin, who is expected to be confirmed by the U.S. Senate on Monday, is reportedly looking to fill cabinet positions with Wall Street executives and Republican establishment figures.
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Politico reports:
Although none of the decisions are final, all three men are “well-known on Wall Street and in Washington,” Politico writes.
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Mnuchin’s nomination has been seen as one of many signals that the Trump administration is breaking its promise to rid the White House of corporate power.
He passed out of the Senate Finance Committee earlier this month amid a Democratic boycott of nominees after Republicans flouted rules requiring at least one member of each party present on the panel to hold a vote.
Democrats have vowed to vote against the former Goldman Sachs banker they’ve nicknamed the “foreclosure king,” but no Republican has indicated opposition, setting the stage for a 52-48 confirmation along party lines, Reuters notes.
The Senate vote is scheduled to take place as late as 7:00pm Monday.
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