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Trump to Nominate Goldman Sachs’ Donovan as Deputy Treasury Secretary

Published: March 15, 2017
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Source: Reuters

U.S. President Donald Trump will nominate Goldman Sachs (GS.N) banker James Donovan as deputy Treasury secretary, the White House said on Tuesday, adding another alumnus of the Wall Street investment bank to his administration.

Treasury Secretary Steven Mnuchin and National Economic Council director Gary Cohn are also former Goldman executives who occupy senior economic posts within the administration.

Donovan's work at the bank as a managing director has included work on corporate strategy, investment banking and investment management, the White House said in a statement.

He is expected to work on the Trump administration's domestic policy agenda at Treasury.

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