Steven Mnuchin, Who Sat on Sears’ Board for Years, Could Impact the Pensions of Thousands of Workers

Long before he was Secretary of the Treasury, Steven Mnuchin was a student at Yale University. He lived, at the time, in the former Taft Hotel in New Haven with two roommates. One of those was Eddie Lampert.

Lampert, of course, is the recently departed CEO of Sears Holdings, which filed for Chapter 11 bankruptcy Monday. And their close relationship could affect the pension plans of thousands of workers.

Mnuchin, who was also a board member at Sears from 2005 through December 2016, currently...

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