Two prominent lawmakers are calling on Treasury Secretary Steven Mnuchin to explain his role as a Sears board member as the department store chain descended into bankruptcy. and Rep. Alexandria Ocasio-Cortez (D-N.Y.) are calling on Treasury Secretary Steven Mnuchin to be more transparent about his time on Sears’s board as the retailer plunged into bankruptcy. They also take issue with his possible oversight of the company’s pension plans. They also want to know whether Lampert or other board members have tried to communicate with Mnuchin about the company’s pension plans. Before @StevenMnuchin1 became Treasury Secretary, he was on the board of @Sears, where he helped gut the company and fire thousands of employees.

Source: Washington Post May 23, 2019 15:51 UTC