Mnuchin, a veteran Wall Street investor, has also come under fire for his 2009 purchase of failed subprime mortgage lender IndyMac from the federal government. Mnuchin renamed the bank OneWest and ran it for six years.

Mnuchin purchased OneWest for $1.6 billion and sold the bank to CIT Group in 2015 for $3.4 billion.

He also faced scrutiny of his complex business interests. According to the memo from Democratic staff, Mnuchin initially failed to disclose his homes in New York City, Southampton, N.Y., and Los Angeles, as well as $15 million in real estate holdings in Mexico. Also missing was $906,556 worth of artwork held by his children.

On Thursday, Wyden accused Mnuchin of using loopholes in international tax law to shield millions of dollars from taxation. “I’m very troubled about this question of how you’re going to un-rig the system if you’ve got a record of taking advantage of tax shelters,” Wyden said.

Trump’s treasury nominee defends foreclosure practices, ties to offshore entities – The Washington Post

Oy….