He didn’t write, but instead headed the business side-an almost entirely separate part of the newspaper, according to his colleagues on the editorial board. Mnuchin’s main extracurricular was the Yale Daily News. In the days after he was confirmed by the Senate, Mnuchin did not return requests for comment, nor did he respond to a list of emailed questions.) His two off-campus roommates, Eddie Lampert ’84 and Benjamin Bram ’84 both went into finance and worked with Mnuchin for some time at Goldman Sachs. (Reached by email in early January, Mnuchin said that he would speak with T he New Journal after his confirmation. Katherine Randolph ’85, a classmate in Hopper, recalls that he mostly hung out with other wealthy kids from New York private schools. When asked whether they were surprised that Mnuchin was one of Trump’s cabinet picks, many gave the same answer.Īfter graduating from New York City’s Riverdale Country Day School in 1981, Mnuchin followed his father to Yale, where classmates recall he drove a Porsche and lived off-campus in the luxe Taft Hotel on the corner of College and Chapel streets. He is the chief executive of the hedge fund Dune Capital, which, the New York Times reports, was named for the dunes outside his vacation house in the Hamptons.Īccording to his classmates in Hopper College (then called Calhoun College) and other members of the Yale Daily News board, Mnuchin hasn’t changed much since his Yale days. His main qualification for Treasury Secretary seems to be that he’s dealt with money before. Like other Trump cabinet nominees, Mnuchin has no government experience. He is, quite literally, a Yale man, who looks-and has always looked-the part. In one instance, Mnuchin was said to have foreclosed on a home over an unpaid bill of twenty-seven cents. Eventually, he moved to Hollywood, where he invested in films, launched OneWest Bank, and made a name for himself as a “foreclosure king.” CNN reported that OneWest became infamous for its “widow foreclosures,” the practice of booting elderly and vulnerable residents from their homes through onerous loans and technicalities, according to CNN. Mnuchin started his career at Goldman Sachs, where his father was one of its top partners. Steven Mnuchin ’85 is Trump’s nominee for Secretary of the Treasury, but he ticks all the boxes that would qualify him as an enemy of Trump supporters. Bush’s presidency, “used to be somebody who looked the part.”ĭonald Trump ran for the presidency on an anti-establishment platform that attacked the intellectual elite, big banks, and the corporate-political “swamp.” But in his first weeks in office, he stocked his cabinet with members of those same groups. “A Yale man,” the New York Times Magazine reported during George W. How did they spend their formative years at Yale before embarking on the non-political careers that still delivered them to the West Wing? They inhabited different spaces at Yale-from the Yale Daily News business team to senior-level psychology seminars to the Yale Literary Magazine-but none seemed to be preparing for a life of civic engagement. These two Wall Street bankers and the neurosurgeon were neither Yale Political Union firebrands like John Kerry nor the scions of political families like George W. government, but Trump’s Ivy League picks run counter to his populist campaign and rejection of intellectual elitism. Yale alums have long inhabited the upper echelons of the U.S. Pending confirmations by the Senate, Steven Mnuchin ’85, Ben Carson ’73, and Wilbur Ross ’59 will take their place in President Donald Trump’s cabinet in the coming weeks. On Capitol Hill, three Yale alumni are preparing for new jobs.
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