Mnuchin Expected To Start Investment Fund Backed By Middle East Nations He Visited As Trump’s Treasury Secretary

SourceForbes
SectorEconomy
CountryMiddle east

Share to Linkedin Former Treasury Secretary Steven Mnuchin is planning to launch an investment fund backed by some of the Middle East nations he frequently traveled to while in office, a move that could add to scrutiny of ties between the Trump administration and private businesses. WASHINGTON, DC - APRIL 21: Treasury Secretary Steven Mnuchin speaks as U. S. President Donald Trump ...

[+] looks on during the daily coronavirus task force briefing at the White House on April 21, 2020 in Washington, DC. Earlier in the day, the president met with New York Gov. Andrew Cuomo in the Oval Office to discuss COVID-19 testing. (Photo by Drew Angerer/Getty Images) The Washington Post first reported Tuesday that Mnuchin has started hiring for the fund, which would be based in Washington, D. C., and cover the financial technology and entertainment sectors. It is expected to raise money from sovereign wealth funds throughout the Persian Gulf, a region Mnuchin made a series...read more...