Trump Treasury nominee withdraws

Trump Treasury nominee withdraws
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A Trump administration nominee for a top international finance job at the Treasury Department has withdrawn, the White House said on Thursday. 

Adam Lerrick, President TrumpDonald John TrumpVeterans groups demand end to shutdown: 'Get your act together' Brown launches tour in four early nominating states amid 2020 consideration Pence on border wall: Trump won't be ‘deterred’ by Dem ‘obstruction’ MORE's pick for deputy undersecretary of the Treasury for international finance, will no longer seek Senate confirmation for that position. 

Lerrick, a conservative economist and visiting scholar at the American Enterprise Institute (AEI), has been a vocal critic of international organizations, like the International Monetary Fund, and bailouts of banks and countries. 

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Lerrick played a key role in the restructuring of Argentina's $100 billion debt crisis, and worked on financial crises in Greece, Iceland and Cyprus, according to his biography on AEI's website.

While he may be backing out of the confirmation process, Lerrick is still expected to become a senior adviser to Treasury Secretary Steven MnuchinSteven Terner MnuchinMIT removed Russian oligarch from board following sanctions from Treasury Department Mnuchin meets with Senate GOP to shore up ranks on Russia sanctions vote Former PepsiCo CEO being considered for World Bank chief post: report MORE, according to NBC News's Leigh Ann Caldwell.