Mnuchin Skirted Ethics Rules As He Worked On China Deal That Could Aid Wife's Company

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In 2017, hetransferred his holdings in Stormchaser Partners to its founder, LouiseLinton, then gained them back when they married a month later

The Office of Government Ethics refused to certify Treasury Secretary Steven Mnuchin’s 2018 financial disclosure statement over a sleight-of-hand arrangement involving his stake in a film production company. In 2017, he transferred his holdings in Stormchaser Partners to its founder, Louise Linton, then gained them back when they married a month later.

Treasury Department spokesman Tony Sayegh said Mnuchin has “no conflicts of interest that would limit his participation in ongoing China talks.” The ethics office said in a letter Thursday to Senate Finance Committee Chair Chuck Grassley that it is still “unable to certify” Mnuchin’s financial disclosure report because of his interest in Stormchaser, from which he “agreed to divest.” However, OGE will now “consider him in compliance” with ethics regulations because of his recusal statement even as he continues to “hold an imputed interest” in the film company.

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