Goldman's Donovan Pulls Out of No. 2 Treasury Job Nomination
- Donovan says he made decision to shift focus to his family
- Departure a setback for Mnuchin’s ambitious economic plans
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Treasury Secretary Steven Mnuchin’s efforts to fill out the top ranks of the department were dealt a setback as a Goldman Sachs Group Inc. banker withdrew from consideration to serve as his deputy.
Jim Donovan cited personal reasons for declining President Donald Trump’s nomination to be the next deputy Treasury secretary.