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Saturday, November 14, 2026Nov 14

Trump tapping Washington, Wall Street veterans for top jobs

Steven Mnuchin, national finance chairman of President-elect Donald Trump's campaign, walks to lunch at Trump Tower, Tuesday, Nov. 29, 2016, in New York. (AP Photo/Evan Vucci)
Steven Mnuchin, national finance chairman of President-elect Donald Trump's campaign, walks to lunch at Trump Tower, Tuesday, Nov. 29, 2016, in New York. (AP Photo/Evan Vucci)

WASHINGTON – President-elect Donald Trump is tapping conservatives with deep ties to Washington and Wall Street to fill out key Cabinet roles as he continues to deliberate over his secretary of state.

Trump was moving forward with nominations, including former Goldman Sachs executive Steven Mnuchin as secretary of the Treasury.

Mnuchin’s official announcement was expected as early as Wednesday, according to a person familiar with the decision who insisted on anonymity in order to confirm the pick ahead of time.

Trump on Tuesday chose Georgia Rep. Tom Price to oversee the nation’s health care system, picking a fierce “Obamacare” critic who has championed efforts to privatize Medicare. And he selected another veteran Republican, Elaine Chao, a former labor secretary and the wife of Senate Majority Leader Mitch McConnell, to head the Department of Transportation.

Mnuchin, 53, led Trump’s finance operations during the presidential campaign and became close to the president-elect and his family. But he has no government experience, which could prove a hurdle in navigating the tricky politics of Washington.