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Jim Donovan is a Managing Director at Goldman Sachs and has been with the firm since 1993. On March 15, 2017 President Trump nominated Donovan to serve as Deputy Secretary of the Treasury. He was nominated despite concerns within the administration that with the addition of Donovan there were "too many Goldman guys" in top posts. Donovan withdrew from consideration on May 19, 2017. President Trump appointed Donovan to serve as a member of the President’s Intelligence Advisory Board.

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