Wednesday 24 May 2017

Mnuchin’s Recruiting Tool: Titles That Don’t Need Senate Confirmation

Treasury Secretary Steven Mnuchin is trying to fill a leadership vacuum in his department by increasingly recruiting financial industry executives for senior positions that come with a perk: a title that doesn’t require Senate confirmation. Mnuchin has so far hired four people as top aides with the title “counselor,” including Craig Phillips, an ex-BlackRock Inc.


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