Jim Donovan, Trump’S Nominee For No. 2 Spot At Treasury, Drops Out

Jim Donovan, a long-time Goldman Sachs executive, was nominated in March to be the right-hand man to Treasury Secretary Steven Mnuchin.
President Trump’s nominee to serve as deputy treasury secretary has dropped his bid for the job.
“Jim has been an enormous asset to the department helping recruit and fill many of the senior jobs at Treasury,” Tony Sayegh, a Treasury spokesman said in a statement Friday.
“[A]t this time I want to focus on my family, and I can no longer accept it,” Donovan said in a statement Friday.
The slow pace of nominations hinders Trump’s ability to advance campaign goals to overhaul the tax code, replace Obamacare and loosen regulations.

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