President-elect Donald Trump is set to name his Treasury secretary as soon as Wednesday, The New York Times reports.
His pick is the ex-Goldman Sachs banker Steven Mnuchin, who served as the national finance chair on Trump’s presidential campaign.
Mnuchin spent 17 years with Goldman Sachs, including as chief information officer at The Goldman Sachs Group before leaving the firm in 2002.
He worked briefly for George Soros, as well as for Eddie Lampert, the CEO of Sears, who had been his roommate Yale.
Mnuchin was seen at Trump Tower the Monday following the election, according to a pool report. When asked why he was there and whether he was interested in the position, he said: “I’m here just helping with the transition this week. A lot of work to do.”
Goldman Sachs CEO Lloyd Blankfein earlier this month called Mnuchin a “highflier, a very nice guy,” and a “smart, smart guy.”
“He was a very senior guy at a very young age at Goldman Sachs,” Blankfein said in an interview with Andrew Ross Sorkin of The New York Times.
Blankfein said Mnuchin reported to him when he ran the fixed-income division.
“I follow his career, I know what he’s done, but I haven’t really engaged with him that much,” Blankfein said. “I’m sure he stayed just as smart as he was when he was at Goldman.”
Another potential candidate for the role had reportedly been JPMorgan Chase CEO Jamie Dimon. CNBC earlier this month reported that Dimon, a lifelong Democrat, was in the running for the position.
The Trump transition team could not immediately be reached for comment.
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