DONALD TRUMP NAMES LA MOCA BOARD MEMBER STEVEN T. MNUCHIN AS HIS NEW FINANCE CHAIRMAN
Donald Trump has named Steven T. Mnuchin—a former partner in Goldman Sachs, son of art dealer Robert Mnuchin, and board member of LA MoCA—as his new finance chairman, reports Michael Finnegan of the Los Angeles Times.
Mnuchin has no experience in raising money for political campaigns. He is currently the chief executive and chairman of Dune Entertainment Partners LLC and the investment firm Dune Capital Management LP. He stepped down as cochairman of Relativity Media last year right before it filed for bankruptcy. He has, however, a great deal of experience in Hollywood. Some of the films he’s helped produce include Mad Max: Fury Road (2015), The Lego Movie (2014), and Entourage (2015).
In a statement issued by Trump’s representatives regarding Mnuchin’s hiring, it said “Mr. Trump has self-funded his successful primary battle and will likewise be putting up substantial money toward the general election.”
Trump intends to spend around $1 billion in his campaign against his rivals.
