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The 2017 Pension Political Power 25: Steven Mnuchin

No. 5 Steven Mnuchin

5. Steven Mnuchin
年代ecretary of the Treasury

Think presumptive Treasury Secretary年代teven Mnuchinwon’t have much time to deal with pensions? Think again. The Treasury secretary is one of three board members of the Pension Benefit Guaranty Corp., so pensions fall squarely in his purview. Also, Mnuchin, 54, inherits two ticking pension time bombs. One is the Puerto Rico debt crisis; the other is what to do about the U.S.’s troubled multiemployer retirement funds. Puerto Rico secured itself a stay of execution via the Puerto Rico Oversight, Management, and Economic Stability Act, which Congress passed in June 2016. The Financial Oversight and Management Board for Puerto Rico, formed as part of that legislation, has until February 15 to come up with a plan, but that date is fast approaching. Now Puerto Rico is Mnuchin’s problem, and fixing the commonwealth’s $49 billion pension burden must be a part of any realistic path to fiscal stability. As for U.S. trade unions, they’re not going to wait quietly for a resolution to their growingpension woes. .— Imogen Rose-Smith


The 2017 Pension Political Power 25

1.Andy Puzder
劳工部长
2.Bruce Rauner
Governor of Illinois
3.Betsy DeVos
年代ecretary of Education
4.Laura & John Arnold
Founders,
Laura and John Arnold Foundation
5.年代teven Mnuchin
年代ecretary of the Treasury
6.Wilbur Ross
年代ecretary of Commerce
7.Tani Cantil-Sakauye
California Chief Justice
8.Paul Ryan
年代peaker of the House
9.Anthony Scaramucci
Founder, SkyBridge Capital
10.Kevin de León
California State Senator and President Pro Tempore
11.Mike Enzi
Chairman, Senate Subcommittee on Primary Health and Retirement Security
12.年代teve Sweeney
总统,
New Jersey State Senate
13.Jerry Brown
Governor of California
14.Corey Lewandowski
Co-founder, Avenue Strategies
15.Paul Singer
总统,
Elliott Management Corp.
16.Randel Johnson
年代enior Vice President, Labor, Immigration, and Employee Benefits, U.S. Chamber of Commerce
17.Joe Manchin
U.S. Senator
18.Kenneth Feinberg
Founder and managingpartner, Feinberg Rozen
19.年代cott Walker
Governor of Wisconsin
20.Richard Trumka
总统,AFL-CIO
21.Mike Rawlings
Mayor of Dallas
22.Elizabeth Warren
U.S. Senator
23.Kent Mason
Partner,
Davis & Harman
24.Bernie Sanders
U.S. Senator
25.Randi Weingarten
总统,American Federation of Teachers

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