Goldman Sachs alumni who went on to wield real power

White House adviser Dina Powell spent a decade at Goldman Sachs. AP Photo/Charles Dharapak
White House adviser Dina Powell spent a decade at Goldman Sachs. AP Photo/Charles Dharapak

President Donald Trump tapped Goldman Sachs banker Jim Donovan as deputy Treasury Secretary on Tuesday, in the latest nomination that makes his administration look a lot like “Government Sachs.

Trump’s other administration members from Goldman (GS) include: Treasury Secretary Steven Mnuchin; Dina Powell, a senior White House adviser; Gary Cohn, chief economic adviser and director of the National Economic Council; Jay Clayton, who’s been tapped to head the SEC ; and White House chief strategist Steve Bannon.

Of course, Trump’s picks are just a few of the many former Goldman employees to serve as public officials, policy makers, finance ministers, central bank governors and government officials worldwide.

Treasury secretaries

Larry Summers, treasury secretary during the Clinton administration (Credit: CNBC/Dan Mescon)
Larry Summers, treasury secretary during the Clinton administration (Credit: CNBC/Dan Mescon)

Steve Mnuchin, Treasury secretary under Donald Trump

Henry Fowler, Treasury secretary under President Lyndon B. Johnson

Robert Rubin, Treasury secretary under President Bill Clinton

Larry Summers, Treasury secretary under Clinton (was paid speaking fees by Goldman)

Hank Paulson, Jr., Treasury secretary under George W. Bush

Bank heads

Former World Bank president, Robert Zoellick (Credit: Reuters/Andres Stapff)
Former World Bank president, Robert Zoellick (Credit: Reuters/Andres Stapff)

Robert Zoellick, president of the World Bank from 2007-2012

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis

Mario Draghi, president of the European Central Bank

Tito Titus Mboweni, former governor of the Reserve Bank of South Africa

Ian Macfarlane, former governor of Australia’s central bank

Efthymios Christodoulou, former governor of the Bank of Greece

Mark Carney, governor of the Bank of England and former governor of the Bank of Canada

William Dudley, president of Federal Reserve Bank of New York and vice-chairman of the Federal Open Market Committee

US lawmakers

Jim Himes, member of the House of Representatives representing Connecticut (Credit: AP/Charles Dharapack)
Jim Himes, member of the House of Representatives representing Connecticut (Credit: AP/Charles Dharapack)

Jim Himes, member of the House of Representatives representing Connecticut

Judd Gregg, former governor and senator for New Hampshire

Jon Corzine, senator of New Jersey from 2001 to 2006 and the governor of New Jersey from 2006 to 2010

Other key figures in US government

Steve Bannon, former campaign manager and pending White House chief strategist to Donald Trump (Credit: AP/Evan Vucci)
Steve Bannon, former campaign manager and pending White House chief strategist to Donald Trump (Credit: AP/Evan Vucci)

Jay Clayton, nominated to chair the SEC under Trump

Steve Bannon, former campaign manager and White House chief strategist to Trump

Dina Powell, senior counselor for economic initiatives under Trump

Gary Cohn, chief economic adviser and director of the National Economic Council

Joshua Bolten, White House chief of staff to President George W. Bush

Rahm Emanuel, mayor of Chicago

Gary Gensler, chairman of the Commodity Futures Trading Commission during the Obama administration and chief financial officer for Hillary Clinton’s presidential campaign

Arthur Levitt Jr., chairman of the SEC from 1993 to 2001

Mark Patterson, former chief of staff to the Treasury Secretaries Timothy Geithner and Jacob Lew

Gene Sperling, director of the National Economic Council and assistant to the president for Economic Policy under Presidents Clinton and Barack Obama

Foreign policy makers

Former Italian prime minister, Romano Prodi (Credit: Reuters/Maxim Zmeyev)
Former Italian prime minister, Romano Prodi (Credit: Reuters/Maxim Zmeyev)

Olusegun Olutoyin Aganga, former minister of industry, trade and investment of Nigeria

Erik ?sbrink, minister for finance for Sweden

Karel Van Miert, former European commissioner for transport and consumer protection and European commissioner for competition

Vladimír Dlouhy, former minister of industry and trade of the Czech Republic

Ziad Bahaa-Eldin, deputy prime minister of Egypt

Peter Sutherland, UN special representative of the secretary-general for international migration, former attorney general of Ireland

Romano Prodi, former prime minister of Italy and former president of the European Commission

Petros Christodoulou, former general manager of the Public Debt Management Agency of Greece and deputy chief executive officer of the National Bank of Greece

Malcolm Turnbull, prime minister of Australia and the leader of the Liberal Party

Michael Cohrs, member of the court and the financial policy committee at the Bank of England

Carlos Manuel Félix Moedas, European commissioner for research, science and innovation

Read more about Goldman Sachs from Yahoo Finance:

Goldman Sachs blows through analysts’ expectations

Here’s what Goldman Sachs told its millionaire clients about 2017

Steve Mnuchin: Goldman Sachs royalty and ‘culture carrier’

84 Goldman employees just got the promotion of their career

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