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
JOIN THE MOVEMENT to SAVE THE NATIONAL ANTHEM
Please join the thousands of DML readers who have purchased a bumper sticker. CLICK HERE.
If you would like to receive Breaking News text alerts on a smartphone or tablet, download the DML APP which is completely FREE and easy to use. Go to the Google Play Store or the IOS App Store and search for DML APP. Be sure to keep the app’s notifications setting on. Another way to receive alerts is to text to 40404 the following message: follow @realdennislynch (be sure to put a space between the word follow and the @ symbol).
To see more stories like this, sign up below for Dennis Michael Lynch’s email newsletter.
Sign up to get breaking news alerts from Dennis Michael Lynch.
TODAY: Will Comey reveal new Trump-Russia investigation information?