Forget the Sixth Amendment, which guarantees the “right to a speedy and public trial” in criminal matters. And who needs that ancient Seventh Amendment and its fancy “right of trial by jury.” The U.S. Treasury Department has concluded that American consumers can not be trusted to thoughtfully exercise these Constitutional rights — at least not when doing so might be an annoyance to the financial services sector. [More]
steve mnuchin
Treasury Dept. Says You Shouldn’t Have The Right To Sue Your Bank Or Credit Card Company
By 10.23.17 — Updated: 10.24.17
Trump Administration Won’t Commit To Putting Harriet Tubman On $20 Bill
By 8.31.17
Anyone expecting to someday see Harriet Tubman’s image grace the front of the $20 bill may be in for a long wait. In a new interview, Treasury Secretary Steve Mnuchin hinted that the Trump administration may back off the planned change that would have had Tubman take Andrew Jackson’s place on the bill. [More]
Treasury Secretary Mnuchin Pinky-Swears He Won’t Tell Anyone Else To Go See His Movies
By 3.31.17
Treasury Secretary Steve Mnuchin raised eyebrows recently when — in the face of federal ethics rules — he suggested that parents should take their kids to see the LEGO Batman Movie, one of many films on which the former Goldman Sachs executive has a producer credit. Mnuchin has already tried to downplay the incident, but today he officially told a government ethics watchdog that he won’t do it again, for real. [More]
Treasury Secretary Mnuchin Says To Go See ‘LEGO Batman,’ One Of Many Movies He Produced
By 3.24.17 — Updated: 3.27.17
UPDATE 3/27: A Treasury spokesperson responded to Consumerist’s request for comment in a statement on Monday, saying: “As his statement reflects, the Secretary clearly recognized that he generally may not promote private interests and specifically gave the legal disclosure that he was not promoting a movie, but answering a question he was asked directly.” [More]
Report: Treasury Secretary Nominee Mnuchin Misled Senate About Robo-Signed Foreclosures
By 1.30.17
Steve Mnuchin, President Trump’s nominee for Treasury Secretary, recently told members of the Senate Finance Committee that his former bank OneWest did not use the illegal practice of “robo-signing” when foreclosing on homeowners after the collapse of the housing bubble. However, a new report claims that OneWest repeatedly used robo-signed documents on foreclosures. [More]
