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A Trump administration nominee for a top international finance job at the Treasury Department has withdrawn, the White House said on Thursday.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 TrumpBroward County official Brenda Snipes submits resignation after criticism Retired lieutenant general tears into Trump over attacks against Navy SEAL: 'Disgusting' Senate barrels toward showdown over Trump's court picks 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 MnuchinOvernight Defense — Presented by Raytheon — Border deployment 'peaked' at 5,800 troops | Trump sanctions 17 Saudis over Khashoggi killing | Senators offer bill to press Trump on Saudis | Paul effort to block Bahrain arms sale fails On The Money: Senior GOP senator warns Trump against shutdown | Treasury sanctions 17 Saudis over Khashoggi killing | HQ2 deal brings new scrutiny on Amazon | Senate confirms Bowman to Fed board The Hill's 12:30 Report — Sponsored by Delta Air Lines — Trump sanctions 17 Saudis over Khashoggi killing | Insurgents seek female challenger to Pelosi for Speakership | Broward County finishes machine recount MORE, according to NBC News's Leigh Ann Caldwell.