Trump nominates Steven Mnuchin as Treasury Secretary, linking art world and finance

Donald Trump, the President-elect, has appointed Steven Mnuchin as Treasury Secretary, a decision that carries considerable weight for the art community due to his familial connections. Steven is the son of Robert Mnuchin, a prominent New York gallerist who recently took part in Art Basel Miami Beach. Robert was previously a partner at L&M Arts alongside Dominique Lévy, a prestigious gallery with venues in New York and Los Angeles. Following their separation, Robert kept the Upper East Side location and the gallery's artist roster. At 53, Steven began his professional journey at Goldman Sachs, where his father was also employed, eventually becoming a partner and leading the technology division. He has also ventured into Hollywood, producing films like X-Men and Avatar. This appointment stands in stark contrast to the art sector's strong backing for Hillary Clinton during the election, which included endorsements from notable figures such as Jenny Holzer, Michael Moore, Meryl Streep, and gallerists like Larry Gagosian.