The White House announced Tuesday that James Donovan, who currently serves as a Goldman Sachs managing director, will serve as deputy treasury secretary and work on President Trump’s domestic policy agenda.
Donovan’s nomination marks the fifth Trump nominee to be currently of formerly employed by Goldman Sachs, a leading global investment firm.
Other Goldman Sachs employees who now serve in senior Trump administration posts include White House chief strategist Stephen Bannon and Treasury Secretary Steven Mnuchin, to whom Donovan will report.
In addition, Dina Powell, who served as Goldman’s head of impact investing, is now White House senior counselor for economic initiatives; and Gary Cohn was Goldman chief operating officer when he was tapped by Trump to become director of the White House National Economic Council.
H/T: The Hill
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