Treasury Nominee Reports Holdings, Divestiture Plan

President-elect Donald J. Trump’s nominee to head the Treasury Department revealed a divestiture plan that includes the firm that acquired OneWest Bank.

Steven Mnuchin, Trump’s choice for Treasury Department secretary, provided a financial disclosure report to the federal Office of Government Ethics.

In it, he detailed his holdings and income for hundreds of entities and said he would sell his holdings in 43 companies — including $50 million in CIT Group.

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From:: Financing