Earlier this week, Donald Trump announced that he would be nominating Steven Mnuchin to serve as Secretary of the Treasury. And based on what we’re learning about Mnuchin, it’s no wonder Trump likes him so much, because he’s a heartless bastard who only cares about the bottom line.
Mnuchin founded a bank known as OneWest, and at the height of the mortgage crisis in 2008, Mnuchin tried to foreclose on a 90-year-old Florida woman for making a payment mistake of 27 cents.
Yes, 27 freaking cents!
The woman in question, Ossie Lofton, had taken out a reverse mortgage. Lofton owed the bank $423.30. She mistakenly sent a check for only $430. OneWest sent another bill for $0.30 but Lofton sent the bank just $0.03. OneWest, in turn, foreclosed.
And this is the guy we want running the U.S. economy? He should be doing time in prison.