Mnuchin Rejects Call From Yale Classmates To Resign, Defends Trump

Tyler Durden's picture

In a long statement issued by the Treasury Secretary, Steven Mnuchin rejected and pushed back against an urging from his former classmates at Yale University that he resign from Donald Trump’s cabinet, while defending the president’s response to last weekend’s deadly protests in Charlottesville, Virginia.

The statement was in response to a letter posted online on Friday by about 300 of Mnuchin’s classmates from the Yale University undergraduate class of 1985, asking Mnuchin to resign in protest of Trump’s comments. “It is your moral obligation,” they said. “We know you are better than this, and we are counting on you to do the right thing.”

Mnuchin, realizing that with Bannon gone, Trump's future policies are now a "clean slate" for the Wall Street/MIC complex to rewrite as it sees fit with no internal opposition, disagreed.

"I am writing in response to my Yale Classmates and many other comments I have received urging me to "speak out." I believe that your letter and these comments raise several Important issues and misconceptions that I am prepared to address", Mnuchin begins, adding that "some of these issues are far more complicated than we are led to believe by the mass media,’ the former Goldman employee and hedge fund manager said, paraphrasing the Dude's legendary "lotta ins, lotta outs, lotta what-have-you's."

"As someone who Is Jewish, I believe I understand the long history of violence and hatred against the Jews (and other minorities) and circumstances that give rise to these sentiments and actions. While I find it hard to believe I should have to defend myself on this,
or the president, I feel compelled to let you know that the president
in no way, shape or form believes that neo-Nazi and other hate groups
who endorse violence are equivalent to groups that demonstrate in
peaceful and lawful ways.

In his statement Saturday, Mnuchin suggested that Trump’s political opponents, including Republican rivals in last year’s primary campaign, were unfairly seizing on the Charlottesville uproar to “distract the administration” from policy issues. Just like Bannon, Mnuchin's ties with Trump go back to the summer of 2016, when he first started as Trump’s campaign finance chairman before being named as Treasury secretary; according to the WSJ he has a close personal relationship with the president.

Mnuchin also referenced a broader national dialogue about the legacy of slavery and how historical figures should be remembered.

“Some of these issues are far more complicated than we are led to believe by the mass media, and if it were so simple, such actions would have been taken by other presidents, governors and mayors, long before President Trump was elected by the American people,” Mnuchin wrote.

Meanwhile, seeking to distance himself from the "nationalist" angle of his administration in the aftermath of Bannon's firing, Trump extended an olive branch to Saturday's demonstrators, saying that protests can be cathartic as thousands swarmed into downtown Boston on Saturday to speak out against white nationalists.

“Our great country has been divided for decades. Sometimes you need protest in order to heal, & we will heal, & be stronger than ever before!” the president said in a pair of tweets. “I want to applaud the many protesters in Boston who are speaking out against bigotry and hate. Our country will soon come together as one!”

And yet, just one hour before lauding Saturday’s protesters, Trump, who’s spending the weekend at his Bedminster, New Jersey, golf resort, was less sympathetic. “Looks like many anti-police agitators in Boston. Police are looking tough and smart!” He praised the effort of law enforcement officers and Boston Mayor Marty Walsh.

Mnuchin isn't the only ex-Goldmanite who is staying: last week the market turmoiled on speculation that Trump's top economic adviser and former Goldman COO Gary Cohn, was upset by Trump’s remarks and thinking about quitting. Cohn will remain in his position, a White House official said on Thursday.

With the "globalists" having won decisively the war for Trump's Inner circle of influence, the markets are eagerly awaiting to see what if any change in tone, rhetoric and policies will be unveiled by the president. With the debt ceiling deadline looming, Trump has little time in which to make a decision what his upcoming pivot will look like.

Mnuchin's full letter is below.

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Looney's picture


Yesterday, Trump tweeted from Camp David: Important day spent at Camp David with our very talented Generals and military leaders. Many decisions made, including on Afghanistan.

With Bannon’s departure, MAGA needs a make-over: Make Afghanistan Great Again!

Repeal and Replace KarzaiCare and pass the Opium Tax Reform!

Build the Wall between Afghanistan and Mexico. Make Mexico pay for it!   ;-)


Son of Captain Nemo's picture

Goldman Sachs "bullish" on poppies ( going into the last quarter!

America's military knows how to "flush the toilet" on what is left of the American economy better than anyone when it comes to creating "black markets" and "the means to fund their "black projects" since Iran Contra when 95 million Americans and counting are out of the work force and their veteran brothers and sisters are living on the streets mentally impaired and fried on their "meds" and "heroine"!

Gotta run to the store now for a brand new "yellow ribbon support the murderers" bumper sticker!...

fleur de lis's picture

Why is it that the Yalies never called for Skull & Bones to get off campus?

Because they are cut in on the narcotics, guns, murder, and war racket.

No sense in losing all that fabulous drug money when they can pretend to be superior humanitarians and look down on the DC riff raff.

Mao Tse Tung was a Yalie.

Yale snots can start by cleaning up themselves first.

JRobby's picture

Yes, the source of the insult should be looked closely at before reading and reacting to the insult.

Yale = Deep State recruiting grounds.

Give me a fucking break with this bullshit.

Handful of Dust's picture

The soros funded lefties have been beating people up across the nation all year and now CNN claims thats great! All their violence is justified to further their fanatic ideology and power.

So when do the lefties start throwing people off roof tops in the name of social justice? is that justified?

What if others fight back in the name of their own idea of social justice? Is that ok also?

How many eggs do you need to break?

Life of Illusion's picture

“Important day spent at Camp David with our very talented Generals and military leaders. Many decisions made, including on Afghanistan”.

However, the Foreign Policy has reported that one of the reasons that draws Trump into this land-locked country is “abundant natural resources”.

The FP speaks about a meeting in July with the head
of an American chemical company that transformed his view of the US military presence in Afghanistan.

Exploiting the country’s abundant natural resources could result in an incredible economic windfall, Trump was told.

The publication points out that it was in this meeting that “Trump learned of the enormous wealth buried beneath Afghan soil: perhaps more than $1 trillion in untapped mineral resources in the form of copper, iron, and rare-earth metals.”

“Trump wants to be repaid,” said a source close to the White House. “He’s trying to see where the business deal is”, notes FP.


wheres wilbur

“Whichever military proposal wins out, the mining idea remains a top priority for Trump. Commerce Secretary Wilbur Ross is currently conducting an overall assessment of mining opportunities in Afghanistan, while Tillerson, the former head of ExxonMobil, is looking at whether the country would be stable enough for long-term American investments”, notes FP.

jcaz's picture

LOL- this is news to you?  Why do you think we've been involved in this shithole for 40+ years???

Son of Thor's picture

I’m making over $7k a month working part time. I kept hearing other people tell me how much money they can make online so I decided to look into it. Well, it was all true and has totally changed my life. This is what I do…

Croesus's picture

It's high time the black cats and the white cats both realize that they're being played for fools, by a bunch of fat rats.

Charlottesville, Signer made sure the local synagogue was well protected. Of course, he made sure the 2 opposite sides got together in the first place.

Fake Trump's picture

I don't care if it is a black cat or a white cat as long as it catches the rat is a good cat. Mao Tse-tung.

NAV's picture

Trump may have been adding an international banker to his cabinet to satisfy the Establishment but at the same time he added a Jewish spokesman who could explain to all of us what his position is on White and Black protesters.  So with Trump's appointments we now get the Jewish viewpoint on how Jews identify their enemies and how they, the Jews, are the traditional victims (perhaps Mnuchin can explain to us how the Palestinians feel as victims).

What a great opportunity for Mnuchin to give us the advantage of being Jewish. And once again to identify the enemy : White Christians.

Paul Kersey's picture

Mnuchin is in the position to enable the banksters to run the table on what's left on middle class wealth. It will take a lot more than just insulting his religion to pry this parasitic barnacle off of the sinking ship, the USS Treasury.

Remember this?

"In a confirmation hearing before the Senate Finance Committee, President-elect Donald Trump's pick to lead the Treasury was attacked for failing to promptly disclose he was a director of an offshore business vehicle domiciled in the Cayman Islands and owned more than $100 million in real estate."

That money came from his Indymac partnership with Soros, where they fleeced the taxpayers and doubled down on the the homeowner forclosures. Yep, Mnuchin is a real mensch

Son of Loki's picture

I remember Indymac going under and people standing outside in line for their money. Speaking of Soros, will anyone rid the world of this eveil/ Hungry/ Seal Team 6? or will he and his minions continue to destroy the west?

JRobby's picture

I am not saying he isn't dirty. I am just pointing out how many levels this thing has with the Yale "alumni" coming in with pressure on Mnuchin to resign when Mnuchin clearly has handlers outside of the administration that want him there.

How exactly will the banksters "run the table" on the middle class? It's already dead. Anyone with any money left that still banks with anybody but smaller local banks or credit unions, or saves using the financial markets deserve what they get at this point. And alot of them are going to get hit.

Son of Captain Nemo's picture

"Anyone with any money left that still banks with anybody but smaller local banks or credit unions, or saves using the financial markets deserve what they get at this point. And alot of them are going to get hit."


Xena fobe's picture

Mostly corporations and foreigners.

Paul Kersey's picture

"How exactly will the banksters "run the table" on the middle class? "

By doing away with ALL regulations that keep banksters from: looting pensions, selling fraudulent financial products, constructing mortgages that are bound to lead to foreclosures, setting up bogus accounts and forcing borrowers to buy unnecessary insurance (Wells Fargo), charging excessive banking fees, forcing depositors to finance bail-ins, forcing taxpayers to pay for bailouts and/or derivatives busts, shutting off all recourse options for consumers, etc). It's the back door to installing the same shit that was in the Trans-Pacific Partnership (TPP). Banking ain't just about where one sticks one's limited savings and checking accounts.

BullyBearish's picture

some people just don't understand that these f*&kers NEVER sleep...till they get it ALL


the odds of them shoehorning in ziopence are higher than munchkin and ice cream cohn leaving...

pkea's picture

again why would you blame mnuchin and not those who take those mortgages and buy those products?

pkea's picture

agree mnuchin is playing a long game

pkea's picture

on another hand,  by now those with indymac foreclosures that were in the bad areas to begin with already bought another house at the high of the markets... you cant blame mnuchin and co for taking advantage of bad decisions... someone would do it anyway

Paul Kersey's picture

Mnuchin and Soros got billions in taxpayer subsidized dollars to indemnify those bad loans they bought for dimes on the dollar. They made fortunes on that sweetheart deal alone. But that wasn't enough. They still came back and foreclosed on folks that hadn't even missed mortgage payments, but didn't have the money to pay attorneys to fight these billionaires. For example, after Mnuchin and Soros turned IndyMac into OneWest Bank, OneWest foreclosed on Ossie Lofton , a 90-year-old widow, over a 27-cent payment error.

pkea's picture

At the time of lofton's foreclosure mnuchin didnt own one west stake


most would take almost free loans to make a deal like mnuchin but complain since nobody let them

it is mnuchins conscience and karmic problem if something was done wrong but those who took the loans knowing that they are in vulnerable positions employment/ income wise or couldnt pay for a few years 30 cents perhaps were rid of undesirable homes anyway

HowdyDoody's picture

I look forward to hearing Mnuchin justifying Israel's support for ISIS.

Oh look, a new Hitler.


Fake Trump's picture

Bullshit is better than cowshit just like cunt is better than pussy. All shits are the same but not all cunts are the same.

August's picture

>>>Mao Tse Tung was a Yalie.

So was Bruce Wayne.  Coincidence... or something more?

A. Boaty's picture

Opium is the opium of the masses.

fleur de lis's picture

Opium was/is the business of Skull & Bones/Yale.

new game's picture

ty a yellow ribbon are a MIC deep state cock and suck it hard. Yup, pure propaganda gobbled up by the sheeple as nationalist pride, and how dare you not be patriotic. but, yes funding of dark opps has to part of their operations. and who knows and ignores? hmmm, guessing a few of the 535 oath keepers, that  put their hand on the bible while taking the oath. so much bullshit going on it is too much to comprenda cept to lump it together and say carte blanch, we have a uuuuge problem that gets worse til sumtin gives...

Son of Captain Nemo's picture

n g

I hate to say this but we need a reverse version of the Hunt for Red October with Captain "Marko Ramius(s)" going AWOL on the orders.

If this Country doesn't have courage in the rank and file machinery that is our strategic nuke command WE'RE FUCKED!... "Literally"!!!

yogibear's picture

Mnuchin is one strange dude.

Of all the people for Trump to pick.

The Cooler King's picture

At least he's got LEGO Batman on his side

veritas semper vinces's picture

Guess who's coming to dinner at the White House(isn't white racist?).

This is from a Thierry Meyssan article:


An Israeli delegation will be received at the White House this week. The agenda: Syria.

The three members of the Israeli delegation are:
• Yossi Cohen (photo), Head of Mossad (Foreign Intelligence);
• General Herzl Halevi, Head of Aman (Military Intelligence); and
• Colonel Zohar Palti, Head of Military and Political Affairs at the Ministry of Defense.

This delegation will meet with the following US representatives:
• General H.R. McMaster, National Security Advisor;
• Dina Powell, Vice National Security Advisor; and
• Jason Greenblatt, The President’s representative for international negotiations.

Israël, which has already secured a prohibition on Iranian troops or troops from the Hezbollah being present in Southern Syria, intends to use this visit as an opportunity to present compelling grounds for closing down the Silk Route. Israel’s justification? Teheran could use this route to supply arms to the Hezbollah.

The three members of the Israeli delegation and Trump’s representative (Jason Greenblatt), all four of them are Jewish Orthodox. As for Dina Powell, she was involved in the assassination of Rafiq Hariri and planning the “Arab Springs”.


The war in Syria is lost for them. They came to pressure the American Goy to increase mayhem for them in Syria.

I expect horrible FF pinned on Mr. Assad and to justify an intervention there. Expect something big and horrendous soon.

I'm terrified of what they might do.

Herodotus's picture

If they were good Jews, both Mnuchin and Cohn should resign rather that remain in association with this administration.

venturen's picture

you are confused how they gain power....some jews helped Hilter....for power...for example

Juggernaut x2's picture

The Red Cross estimated that 270,000 people died in German Concentration Camps in WW2- mostly because of typhus outbreaks during the latter stages of the war as foodstuffs failed to reach the camps due to Allied bombing of German railway hubs.

Son of Loki's picture

I notice the Red Cross just cancelled all of its charity events at Trump's Mar A Lago place. Slimey bastards.


President of Red Cross Is Forced to Resign


The American Red Cross forced its president and chief executive, Mark W. Everson, to resign yesterday because he had an inappropriate relationship with a female subordinate, a spokeswoman for the disaster relief agency said.

Kenny Drebson's picture


i'm glad someone else gets it.

also... black slaves were sold into slavery by rival african warlords to maintain their control of the region.  at that point they became property.  not condoning slavery in any form, but people fail to understand who converted a human into a 'factor of production'.

The Cooler King's picture

Here's a fun little project.


GOOGLE ~ 'Jewish Slave Ship Owners'


DUCK DUCK GO ~ 'Jewish Slave Ship Owners'


see what you come up with

HRClinton's picture

Wait a dang minute... I thought it was giant Turtles all the way down. 


lil dirtball's picture

Are you a turtle?

(man, there really is no escaping this (((shit))).)

pkea's picture

and then the us embraced them

fleur de lis's picture

Why did you pick Herodotus as a screen name?

Are you tring to make us think that you are good at history?

Hiding behind his name will not help you.

The Cooler King's picture

Well, Herodotus does start with 'HEROD'...


But King Herod wasn't actually a jew either, just some puppet that the Romans put in there and showered with riches so that the jews would have something that was interesting for them to worship.

ali-ali-al-qomfri's picture

Herodotus was accused many a time of boosting numbers, to say the least.

HRClinton's picture

Munchkin and Conehead won't resign. 

If they did, Trump could replace them with some Goys. The horror!  The horror!