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Goldman Sachs veteran is sworn in as US Treasury secretary


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Goldman Sachs veteran is sworn in as US Treasury secretary

Former Goldman Sachs banker, Steven Mnuchin has been sworn in as President Trump’s Treasury secretary.

It comes after the Senate approved him in a party-line vote 53 to 48.

Mnuchin will now be the administration’s top official on financial regulation and economic diplomacy.

His hardest job will be managing a sprawling tax reform effort with Congress that seeks to slash business tax rates and enact a new border tax adjustment system aimed at boosting US exports.

Oroville Dam: race is on to lower water levels ahead of more rain

USA

Oroville Dam: race is on to lower water levels ahead of more rain