Former Goldman Sachs executive Steven Mnuchin has been selected by President-elect Donald Trump to serve as secretary of the Treasury.
Mnuchin is a co-founder, co-CEO and the chairman of Dune Capital Management. He served as the finance chairman for Trump's campaign.
According to ABC News, CIT Group, a lending company on which Mnuchin is a board member, faces a housing discrimination complaint.
Mnuchin's appointment must be confirmed by the Senate.