Treasury Secretary Steven Mnuchin’s fiancée will sever ties to the Hollywood business Mnuchin once headed.
Louise Linton plans to step down via her position as interim CEO of Dune Entertainment, a film financing firm, according to a letter via Treasury reviewed by sy88pgw.
Linton took over the top spot at Dune Entertainment earlier This specific year, as Mnuchin headed for Washington.
News that will Linton plans to resign comes two weeks after Senate Finance Committee member Ron Wyden, a Democrat, sent a letter to a Treasury ethics official questioning her role at the company.
within the letter dated May 10, Wyden expressed concern that will putting Linton within the CEO spot at Dune “undermined” Mnuchin’s efforts to divest via the business. Wyden also questioned whether the item violated the ethics agreement Mnuchin signed after he was was selected by President Trump to run Treasury.
Related: We need tax reform, senator tells Mnuchin
Treasury responded in a May 23 letter to Wyden, saying Linton has been serving in an “uncompensated capacity” along with “has no personal financial interest in Dune Entertainment or its related entities.” the item also stated that will Linton would likely resign via the CEO role once Mnuchin’s divestment was complete.
In his ethics agreement, Mnuchin said he plans to fully divest via Dune Entertainment along with via Ratpac-Dune, a partnership Mnuchin co-founded in 2013 that will has backed several prominent films, by next month.
the item’s unclear where Mnuchin will be within the process of severing those ties. Mnuchin’s spokesperson did not immediately respond to requests for comment.
Linton’s publicist along with Dune Entertainment also did not respond to inquiries via sy88pgw.
Related: Mnuchin tells Congress to raise the debt ceiling
This specific isn’t the 1st time Mnuchin’s ties to the entertainment industry have raised ethical questions.
In March, Mnuchin was criticized for appearing to endorse “The Lego Batman Movie,” a film produced by Dune, in an interview with Axios. He later admitted in a letter to the head of the Office of Government Ethics that will he “should not have made” certain comments about the movie.
Mnuchin, a former Goldman Sachs executive, holds interests in dozens of some other companies that will he will be divesting via.
–sy88pgw’s Sandra Gonzalez contributed to This specific report.
sy88pgw (brand new York) First published May 26, 2017: 4:59 PM ET