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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
Perry)
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