Mnuchin’s Recruiting Tool: Titles That Don’t Need Senate Confirmation
- Treasury relying on four ‘counselors’ to advise secretary
- Goldman’s Donovan, nominee for No. 2 job, dropped out Friday
How Steven Mnuchin Got the Treasury Job
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Treasury Secretary Steven Mnuchin is trying to fill a leadership vacuum in his department by increasingly recruiting financial industry executives for senior positions that come with a perk: a title that doesn’t require Senate confirmation.
Mnuchin has so far hired four people as top aides with the title "counselor," including Craig Phillips, an ex-BlackRock Inc. executive and Hillary Clinton fundraiser. The Senate won’t vote on any of them, even though Mnuchin’s own party is in charge.