(Adds details on Treasury nominees)
WASHINGTON, March 14 U.S. President Donald Trump
will nominate Goldman Sachs banker James Donovan as
deputy Treasury secretary, the White House said on Tuesday,
adding another alumnus of the Wall Street investment bank to his
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.
The White House also named David Malpass, a former official
in the Ronald Reagan and George H.W. Bush administrations, as
its nominee for Treasury undersecretary for international
affairs, a key economic diplomacy post.
Malpass also served as a former economist at Wall Street
bank Bear Stearns prior to its 2008 collapse and most recently
served as an economic adviser to Trump's campaign.
The White House also named former national security and
federal law enforcement official Sigal Mandelker to the
Treasury's top sanctions post as undersecretary for terrorism
and financial intelligence.
A former law clerk for Supreme Court Justice Clarence
Thomas, Mandelker later held a series of criminal prosecution
positions at the Department of Justice and advised the Secretary
of Homeland Security during the George W. Bush administration.
(Reporting by Eric Beech; Editing by Sandra Maler and Michael