Goldman Sachs Group Inc. banker Jim Donovan is under consideration for the No. 2 job at the Treasury Department, said a person familiar with the deliberations, but he’s got one big thing working against him.
Too many “Goldman guys” already have high-up positions in the Trump administration, the person said, and that could knock Donovan down to one of the undersecretary positions — possibly undersecretary of the Treasury for domestic finance, reports Bloomberg.
Looks like the joke continues to be on the gullible American public, as the administration continues overflow the swamp.
Besides Steven Mnuchin, Trump’s pick for Treasury Secretary, former Goldman officials working for the new administration include former president Gary Cohn, now director of the National Economic Council; Stephen Bannon, the chief White House strategist; and Dina Powell, formerly the bank’s head of philanthropic investment, who’s an assistant to the president and senior counselor for economic initiatives.
Trump, who is currently financed by over 150 Wall St. loans totaling over $1.5 billion, continues to do the bankers bidding, as the rest of America tries to figure out what it means to be “bought and paid for.”