Bloomberg Names New Deputy Mayor for Economic Development

Tuesday, June 22, 2010

Mayor Michael Bloomberg is appointing Robert Steel, a former Wall Street banker, as his deputy mayor for economic development, according to city officials.

Steel will be the third deputy mayor for economic development under Bloomberg to come out of the finance world. He spent most of his career -- 25 years -- at Goldman Sachs. But he also has government experience: He spent two years as a top Treasury Department official in President George W. Bush's administration, reporting to fellow Goldman alumnus Henry Paulson during the height of the financial crisis.

Steel left Washington to become chief executive of the then-struggling Wachovia Bank, and led the bank's sale to Wells Fargo. Steel replaces Robert Leiber, who's leaving government to join a private investment firm.

Tags:

More in:

The WQXR e-newsletter. Show highlights, links to music news, on-demand concerts, events from The Greene Space and more.

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.

Follow WQXR 

Sponsored

Feeds