Trump hires finance chief

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WASHINGTON: Donald Trump named a former Goldman Sachs partner as his new finance chairman Thursday, as the presumptive Republican nominee seeks to raise $1 billion for his November showdown with likely Democratic standard-bearer Hillary Clinton. Steven Mnuchin, chairman and chief executive of private investment firm Dune Capital Management LP, “brings unprecedented experience and expertise to a fundraising operation that will benefit the Republican Party and ultimately defeat Hillary Clinton,” Trump said in a statement. The campaign said Mnuchin has previously worked with Trump “in a business capacity.” Trump boasted during much of the primary race that he was self-funding his campaign, and has pumped nearly $40 million into his presidential bid.

AFP

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