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Bloomberg Taps Former Banker For Deputy Mayor Gig
By
Jen Chung
Published Jun 22, 2010
Modified Jun 22, 2010
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By
Jen Chung
Published Jun 22, 2010
Modified Jun 22, 2010
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A former Goldman Sachs vice chairman and Treasury official under President George W. Bush will be named the city's new deputy mayor of economic development. Mayor Bloomberg is expected to announce Robert Steel as the replacement for outgoing deputy mayor Robert Lieber, who is joining a private firm. Crain's reports, "Mr. Steel worked for nearly three decades at Goldman, retiring in 2004 as vice chairman. After a stint at the U.S. Department of Treasury under Henry Paulson, he was brought on in 2008 to save Wachovia, but there was a run on the bank and he ended up leading its sale to Wells Fargo." Apparently his appointment has been delayed because he needed to clear up possible conflicts of interest.
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City hall
deputy mayor
mayor bloomberg
Robert Steel
Jen Chung
Jen Chung is a former WNYC and Gothamist editor.
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Gothamist is funded by sponsors and member donations
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