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.
Most Read Stories
- It looked ugly on TV, but Doug Baldwin’s uncontrolled emotion helped Seahawks beat Giants
- Amazon receives 238 bids for its second headquarters
- Judge confirms $17.5M award for fired Swedish Health neurosurgeon
- Monday's NFL news might only make it harder for Seahawks to pull off a trade to help offensive line
- Searchers find 2 hikers missing along Pacific Crest Trail