Save this content for laterSave this content on your device for later, even while offline Sign in with FacebookSign in with your Facebook account Close

Trump's pick for deputy treasury secretary withdraws

By: Associated Press
May 19, 2017 Updated: May 19, 2017 at 3:44 pm
0

WASHINGTON (AP) — President Donald Trump's choice to be deputy treasury secretary, bank executive Jim Donovan, is withdrawing from consideration to be second in command to Treasury Secretary Steve Mnuchin (mih-NOO'-shin).

Treasury spokesman Tony Sayegh says Donovan withdrew to focus "his attention on his family."

Sayegh said in a statement Friday: "Jim has been an enormous asset to the department helping recruit and fill many of the senior jobs at Treasury. The Secretary appreciates Jim's continued support of the president and his administration."

Donovan is a managing director at Goldman Sachs and an adjunct professor at the University of Virginia School of Law. He would have helped Mnuchin, who also once worked at Goldman Sachs, in the administration's push to overhaul taxes and crack down on terrorist financing.

Comment Policy
Register to the Colorado Springs Gazette
Register to the Colorado Springs Gazette
Subscribe to the Colorado Springs Gazette

It appears that you value local journalism. Thank you.

Subscribe today for unlimited digital access with 50% fewer ads for a faster browsing experience.

Already a Subscriber? LOGIN HERE

Subscribe to the Colorado Springs Gazette

It appears that you value local journalism. Thank you.

Subscribe today for unlimited digital access with 50% fewer ads for a faster browsing experience.

Subscribe to the Colorado Springs Gazette

Some news is free.
Exceptional journalism takes time, effort and your support.

Already a Subscriber? LOGIN HERE

articles remaining
×
Thank you for your interest in local journalism.
Gain unlimited access, 50% fewer ads and a faster browsing experience.