Economics

Malpass Seen as Leading Pick for International Treasury Job

  • Former Bear Stearns economist has served as adviser to Trump
  • Malpass brings experience from Reagan, Bush administrations
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David Malpass, who has served in two Republican administrations, is the leading candidate to be President-elect Donald Trump’s pick for U.S. Treasury Under Secretary for International Affairs, a transition official confirmed.

Malpass, a former economic adviser during the Ronald Reagan and George H.W. Bush presidencies, would bring government experience to the new administration. He served as deputy assistant Treasury secretary during the Reagan administration and had a similar role at the State Department during Bush’s tenure. He has also served as Republican staff director of Congress’s Joint Economic Committee.