Hellman & Friedman’s Goldstein To Treasury

Jul 23 2009 | 2:27am ET

A Hellman & Friedman executive is joining the Obama administration.

President Barack Obama will nominate Jeffrey Goldstein, a managing director at the private equity firm, to serve as undersecretary for domestic finance in the Treasury Dept. If confirmed by the Senate, Goldstein would oversee the office that handles the Troubled Asset Relief Program, as well as federal debt management, fiscal policy and financial markets.

Goldstein joined Hellman five years ago after a stint as CFO of the World Bank. He helped manage the San Francisco-based firm’s New York office.

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