steven mnuchin

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The Treasury Secretary came to Columbus to promote Republican lawmakers’ $1.5 trillion tax reform plan, which they say will grow the economy, make the tax code simpler and create a middle-class tax cut. But not everyone agrees.

Stephen Jaffe/IMF / Flickr

U.S. Treasury Secretary Steven Mnuchin will speak Tuesday afternoon in Columbus about the Trump administration's tax reform plan.

The Senate voted to confirm Steven Mnuchin as President Trump's Treasury secretary in a 53-47 vote Monday.

Mnuchin's approval came over the objections of some Democratic senators who pointed to Mnuchin's business record running a bank that hastily foreclosed on homeowners. It also drew fire from those who say that with the appointment of Mnuchin and other former bankers to key roles close to the White House, the administration is going back on its promise to get tough on Wall Street.

Updated 1:15 p.m. ET

A day after Democrats on the Senate Finance Committee boycotted votes to advance the nominations for President Trump's nominees to lead the departments of the Treasury and Health and Human Services, the panel's Republicans met in a surprise meeting Wednesday morning and voted to suspend committee rules to vote on those nominees without Democrats present.

Updated at 1:50 p.m. ET.

Democrats on the Senate Finance Committee boycotted planned votes on Tuesday morning to advance the nominations of two Trump Cabinet nominees.

In a tense hearing Thursday morning, the new administration's Treasury secretary nominee, Steven Mnuchin, faced scrutiny from Democratic senators concerned about him profiting handsomely off homeowners who lost their homes during the housing crisis.