Drudge Retort: The Other Side of the News
Monday, September 20, 2021

In June, former Treasury Secretary Steven Mnuchin visited Israel to scout investments for his new company, then flew to Qatar for a conference. At the time, Mnuchin had been out of office for five months. But, because of an order given by President Donald Trump, he was still entitled to protection by Secret Service agents. As agents followed Mnuchin across the Middle East, the U.S. government paid up to $3,000 each for their plane tickets, and $11,000 for rooms at Qatar's luxe St. Regis Doha, according to government spending records. In all, the records show U.S. taxpayers spent more than $52,000 to guard a multimillionaire on a business trip. These payments were among $1.7 million in additional government spending triggered by Trump's highly unusual order " which awarded six extra months of Secret Service protection for his four adult children and three top administration officials " according to a Washington Post analysis of new spending documents.



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... In June, former Treasury Secretary Steven Mnuchin visited Israel to scout investments for his new company ...

Trump Treasury Secretary Mnuchin Raises $2.5 Billion Fund

...Steven Mnuchin has started his next act with a multibillion-dollar fund for private equity investments.

Mnuchin, a movie producer and financier before being tapped as U.S. Treasury secretary for the Trump administration, has raised about $2.5 billion at his firm Liberty Strategic Capital, according to people familiar with the matter. Most of the money is from sovereign wealth funds in the Middle East, including Saudi Arabia's Public Investment Fund, said the people, who asked not to be named because the details are private.

Liberty was founded this year with a focus on technology, financial services and fintech, as well as new forms of content, according to a statement in July announcing a $200 million investment in a cybersecurity business.

A spokesperson for Liberty said the company won't comment on ongoing fundraising, but it has "a diverse investor base including U.S. insurance companies, family offices, sovereign wealth funds, and other institutional investors." A representative for the Public Investment Fund didn't immediately respond to requests for comment....

All while using our tax-dollars.

#1 | Posted by LampLighter at 2021-09-20 05:08 PM | Reply

Grifters gonna grift. Hopefully they'll be in prison, soon.

#2 | Posted by a_monson at 2021-09-20 05:27 PM | Reply

Ween - Don't --- Where You Eat

#3 | Posted by LampLighter at 2021-09-20 09:36 PM | Reply

The fraud never ends with this group.

#4 | Posted by Nixon at 2021-09-21 07:49 AM | Reply

Comments are closed for this entry.

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Drudge Retort