Daily Archives: July 28, 2017

Treasury Secretary Mnuchin: Do not call me the ‘foreclosure king

 CNN Money:

In a heated exchange with Rep. Keith Ellison, Mnuchin brought up the moniker himself when asked about the thousands of Americans whose homes were foreclosed upon during the great recession.

“I take great offense to anybody who calls me the foreclosure king,” the former Goldman Sachs bankerrebuked.

Ellison then asked Mnuchin what his position was on robo-signing, a term used to refer to the improper foreclosure practices.

“I don’t think you even know what the definition of robo-signing is,” Mnuchin quipped.

“You don’t know what I know,” Ellison punched back.

Rep. Maxine Waters, the top Democrat on the panel, interjected to ask if Chairman Jeb Hensarling “Would like to give the secretary an opportunity to apologize to Mr. Ellison?”

But Mnuchin refused to bite. “I’m not apologizing to anybody because robo-signing is not a legal term and I was being harassed.”