‘Former Goldman Sachs banker Steve Mnuchin, who was tapped by President Donald Trump to serve as his next Treasury secretary, is apparently looking to staff his administration with Wall Street and Washington insiders.
Mnuchin is reported to be considering Jim Donovan — a partner and managing director at Goldman Sachs who raised money and advised both Mitt Romney in 2012 and Jeb Bush in 2016 — is being considered for deputy treasury secretary. Justin Muzinich, who served as a banker at Morgan Stanley before starting his own firm Muzinich & Co, is being discussed for undersecretary for domestic finance or counselor.
Finally David Malpass, an economist who worked for President Ronald Reagan and President George H. W. Bush, is being talked about for undersecretary for international affairs. Malpass held an important role at Bear Sterns for years, before the bank’s spectacular 2008 implosion during the 2008 financial crisis.’
Read more: More Wall Street Bankers Set to Join Donald Trump’s Treasury Department
