Trump's pick for No. 2 spot at Treasury drops out
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President Trump's nominee to serve as deputy treasury secretary has dropped his bid for the job.

Jim Donovan, a long-time Goldman Sachs executive, was nominated in March to be the right-hand man to Treasury Secretary Steven Mnuchin. He told the White House he wanted to withdraw his name from consideration for personal reasons.

"[A]t this time I want to focus on my family, and I can no longer accept it," Donovan said in a statement Friday. "I hope to be able to serve this administration in the...

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