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Mnuchin had deeper ties to nonprofits that praised his bank in lucrative merger Steven Mnuchin's family foundation donated to, and Mnuchin himself sat on the boards of, two nonprofits that wrote supportive letters to the Fed when his bank was trying to get a merger approved. The deal earned the Treasury Secretary-designate many millions of dollars. (AP Photo/Susan Walsh) BY: ASHLEY BALCERZAK Steven Mnuchin, Donald Trump's Treasury nominee, became a far wealthier man in 2015 when CIT Group spent $3.4 billion to buy up OneWest, a bank Mnuchin chaired. The deal was helped alon...
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