Senate Confirms Steve Mnuchin as Treasury Secretary

The Senate voted to confirm Steve Mnuchin as Secretary of the Treasury Monday evening.

The final vote tally was 53-47, along strict party lines with the exception of Sen. Joe Manchin (D-W.Va.), who crossed the aisle.

Mnuchin, a former executive at Goldman Sachs, was one of Trump’s more controversial cabinet appointees. Previously the CEO of OneWest bank, which has been accused of questionable business practices, Mnuchin faced opposition from Democrats who favor more progressive reforms on Wall Street.

Following the announcement of his nomination, Senator Elizabeth Warren (D-Mass.) released a statement opposing the pick:

“His selection as Treasury Secretary should send shivers down the spine of every American who got hit hard by the financial crisis, and is the latest sign that Donald Trump has no intention of draining the swamp and every intention of running Washington to benefit himself and his rich buddies.”

Mnuchin’s confirmation comes after an unconventional committee vote in which Republicans were prompted by Democratic stalling tactics to suspend the rules to advance the nominee without any Democrats present.

Prior to the vote, Senate Democrats, led by Senate Minority Leader Chuck Schumer (D-N.Y.), held a press conference to speak out against Mnuchin’s confirmation. During the press conference, Schumer emphasized Trump’s campaign promises to “drain the swamp” and to be tough on Wall Street.

Mnuchin is expected to be sworn in by Vice President Mike Pence later Monday evening.

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