13-01-2015 00:00

U.S. Treasury nominee Weiss withdraws from consideration: White House

WASHINGTON (Reuters) - Antonio Weiss, an investment banker who was a controversial nominee for a top post at the U.S. Treasury Department, has decided to withdraw from consideration, the White House said on Monday. Liberal lawmakers, led by Senator Elizabeth Warren of Massachusetts, fiercely opposed Weiss's nomination to the top Treasury domestic finance job because of his work for investment bank Lazard, which they viewed as proof of a revolving door between Wall Street and the U.S. government.
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