Economy

Trump Nominates Yet Another Goldman Alumni

Written by SK Ashby

At this point, it may be easier to highlight the members of Trump's cabinet who didn't work for Goldman.

Trump has nominated James Donovan, a managing director at Goldman, to serve as deputy treasury secretary which places him directly under fellow Goldman alumni Steve Mnuchin.

Treasury Secretary Steven Mnuchin and National Economic Council director Gary Cohn are also former Goldman executives who occupy senior economic posts within the administration.

Donovan's work at the bank as a managing director has included work on corporate strategy, investment banking and investment management, the White House said in a statement.

He is expected to work on the Trump administration's domestic policy agenda at Treasury.

Remember that time Hillary Clinton gave a speech at Goldman and dumbasses on the left and right used it against her? She spoke about climate change and social welfare during the speech.

Assuming Donovan is confirmed, he will become the 6th Goldman veteran to join the Trump regime.