Trump says Mnuchin will fight for tax cuts and jobs - BBC News
Former banker and hedge fund manager Steven Mnuchin has been sworn in as US treasury secretary following his confirmation by the Senate.
President Donald Trump said Mr Mnuchin had spent his career making money in the private sector and would now work for the taxpayer.
Mr Mnuchin pledged to create jobs and combat terrorist financing.
Democrats had argued that Mr Mnuchin had made a fortune foreclosing on families during the financial crisis.
The top Democrat on the House Financial Services Committee, Maxine Waters of California, called Mr Mnuchin "the foreclosure king".
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His critics have also questioned whether he is too close to the Wall Street banking community, which he will be responsible for regulating.
Democrats also complained that Mr Mnuchin had failed to disclose nearly $100m (£79m) in assets when he filed with the Senate Finance Committee.
Mr Mnuchin spent 17 years at Goldman Sachs before becoming a hedge fund manager.