Trump Names Former Goldman Partner, Soros Money Manager As Finance Chairman
After acknowledging he will now raise money for the general election, presumptive Republican presidential nominee Donald Trump has named a national finance chairman who has a history with some organizations that could clash with his conservative populist message.
On Thursday, Trump named Steven Mnuchin, the chairman and CEO of private investment firm Dune Capital Management LP, to lead his fundraising.
Mnuchin, according to his Bloomberg profile, was a partner at Goldman Sachs, where he worked for 17 years. He also worked at Soros Fund Management LLC, founded by liberal mega-donor George Soros.
During the primary, Trump criticized rival Ted Cruz because the Texas senator’s wife worked for Goldman Sachs. “I know the guys at Goldman Sachs. They have total, total control over him. Just like they have total control over Hillary Clinton,” Trump said in February.
Soros is part of a group of wealthy liberals who are reportedly spending $15 million to mobilize Hispanics and immigrants against Trump.
Trump often boasted during the primary of largely self-funding his campaign, not accepting contributions from big donors. In a news release, Trump’s campaign said he “has self-funded his successful primary battle and will likewise be putting up substantial money toward the general election,” but will start raising money from donors.
Speaking of Mnuchin, Trump said: “Steven is a professional at the highest level with an extensive and very successful financial background. He brings unprecedented experience and expertise to a fundraising operation that will benefit the Republican Party and ultimately defeat Hillary Clinton.”
Mnuchin, the campaign said, “has previously worked with Mr. Trump in a business capacity and brings his expertise in finance to what will be an extremely successful fundraising operation for the Republican Party, “
“It’s a great privilege to be working with Mr. Trump to create a world class finance organization to support the campaign in the General Election,” Mnuchin said in a statement.