Trump Treasury Pick Ran OneWest During California Probe

The transcript discusses a memo from the California Attorney General's Office, which recommended suing OneWest Bank over alleged foreclosure malpractices. Despite evidence of backdating documents and manipulating foreclosure sales, Kamala Harris, then Attorney General, chose not to pursue the case. The video also covers the history of OneWest Bank, led by Steven Mnuchin, and its involvement in subprime lending. The political implications of these events are considered, particularly in relation to Mnuchin's confirmation process as a cabinet member.

What specific steps are banks required to follow during the foreclosure process according to the claims made by the Attorney General's staff?

What implications might Kamala Harris's decision not to pursue the case have on her political career and the confirmation process for Steven Mnuchin?