Guggenheim's Scott Minerd Pushed by Democrats for Treasury Secretary: Source

Democratic leadership hasn't abandoned pushing for Scott Minerd of Guggenheim Partners to become Secretary of the Treasury under President Donald Trump, according to a person familiar with the matter.
Minerd, the managing partner, chairman of investments and global chief investment officer of Guggenheim Partners, was among people who were being considered by Democratic leadership for the Treasury job before the election if Hillary Clinton had won, according to a source. Despite the Clinton loss, Democrats haven't abandoned their support of Minerd for the role, on the grounds that Minerd, a moderate Republican, has qualities that may be appealing even in a Trump administration, the source said. A spokesperson for Guggenheim said he wasn't in a position to confirm or deny the story. The Trump campaign didn't immediately respond to a request for comment. TheStreet's Scott Gamm reports from Wall Street.