Skip to content
Subscriber Only
Politics

Trump Team Leery of Having Too Many ‘Goldman Guys’ in Top Posts

  • Possible Treasury No. 2 Donovan may be tapped for lesser role
  • President used anti-Wall Street imagery during campaign
Bloomberg business news

Mnuchin's Top Treasury Task: Fill 20 Critical Posts

Goldman Sachs Group Inc. banker Jim Donovan is under consideration for the No. 2 job at the Treasury Department, said a person familiar with the deliberations, but he’s got one big thing working against him.

Too many “Goldman guys” already have high-up positions in the Trump administration, the person said, and that could knock Donovan down to one of the undersecretary positions -- possibly undersecretary of the Treasury for domestic finance.