Clinton, Trump Both Have Goldman Sachs Alums in Key Jobs
Hillary Clinton and Donald Trump have at least one thing in common: they’re both turning to former Goldman Sachs executives to help lead their campaigns.
Trump announced Thursday that he has hired Steve Mnuchin as his national finance chairman, citing in part his “extensive and very successful financial background.”
Mnuchin currently heads his own private investment firm, Dune Capital Management, but spent 17 years at Goldman Sachs. His father, Robert, was also a longtime fixture at the Wall Street giant.
One year ago, Clinton announced that her campaign’s chief financial officer would be Gary Gensler, who rose to Goldman’s co-head of finance after 18 years with the firm.
Before joining the campaign, Gensler was actually a Wall Street watchdog, serving as the head of President Obama’s Commodity Futures Trading Commission. There, he gained a reputation as one of the administration’s toughest regulators, making his selection primarily seen as an effort to calm Wall Street skeptics to Clinton’s left. (Read more from “Clinton, Trump Both Have Goldman Sachs Alums in Key Jobs” HERE)
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