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December 1, 2016 12:00 pm

Wall Street Journal: Trump’s Treasury Pick Mnuchin Has Ties to George Soros

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Steven Mnuchin. Photo: YouTube.

Steven Mnuchin. Photo: YouTube.

JNS.org – President-elect Donald Trump’s pick for treasury secretary has past ties to billionaire George Soros, a prominent funder of anti-Israel initiatives and organizations, according to the Wall Street Journal.

Steven Mnuchin, who is Jewish, left his role as a partner at Goldman Sachs in 2002 when Soros — also Jewish — tapped him to run a credit fund. Mnuchin then founded the Dune Capital Management LP hedge fund with financial backing from Soros. In 2009, Mnuchin and a group of billionaire investors that included Soros jointly bought the failed California-based mortgage lender IndyMac.

Mnuchin, a former film producer, previously served as finance chair during Trump’s presidential campaign.

Soros, born in Hungary before World War II, is a business magnate, investor, philanthropist and political activist well-known for his support of progressive causes. A recently leaked document shows that from 2001-2015, Soros funneled more than $9.5 million through his philanthropy network, the Open Society Foundation, into a range of anti-Israel groups including Adalah, the Al-Tufula Center, the Arab Association for Human Rights, Baladna, The Galilee Society, Molad, the New Israel Fund and others. These organizations have long histories of smearing the Israeli government, undercutting the Jewish state’s relationship with the US and slamming its position on the world stage.

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