Senate

Warren burns Mnuchin over failure to disclose assets

by Jordain Carney - 01/19/17 1:34 PM ET

Sen. Elizabeth Warren (D-Mass.) is blasting President-elect Donald Trump’s Treasury pick for failing to disclose nearly $100 million in assets.

Warren compared Mnuchin’s oversight, which came to light hours before his confirmation hearings, to the wave of home foreclosures by OneWest Bank, which Mnuchin oversaw from 2009 to 2015.

When Mnuchin makes mistakes on complicated paperwork, he asks for forgiveness. When his customers made mistakes, he took their homes.

— Elizabeth Warren (@SenWarren) January 19, 2017

The liberal favorite also appeared to dismiss Mnuchin’s excuse that he initially failed to disclose the money because of the complexity of the financial disclosure paperwork, tweeting “boo hoo.”

Steve Mnuchin told @SenStabenow & @SenatorMenendez he didn’t disclose $100M because “the amount of paperwork” was tough. Boo hoo.

— Elizabeth Warren (@SenWarren) January 19, 2017

{mosads}Mnuchin, whom Democrats have nicknamed the “foreclosure king,” testified Wednesday before the Senate Finance Committee, stressing that any oversight as part of his financial disclosure forms was “unintentional.”

Warren isn’t a member of the committee but live-tweeted her reactions to some of Mnuchin’s answers.

Warren, as well as Democratic Sens. Debbie Stabenow (Mich.), Patty Murray (Wash.), Dick Durbin (Ill.), Bob Menendez (N.J.), Jeff Merkley (Ore.), Richard Blumenthal (Conn.), Mazie Hirono (Hawaii), Chris Van Hollen (Md.) and Catherine Cortez Masto (Nev.), met with families on Wednesday who were “victimized” by Mnuchin.

Warren and other Democrats launched a failed bid to Chairman Orrin Hatch (R-Utah) to allow the families to testify before the Finance panel as part of the confirmation process.