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Trump Withdraws Nomination of Treasury Undersecretary for Terrorism and Financial Crimes, Report Says

President Donald Trump withdrew the nomination for Jessie Liu to serve as the Treasury Department’s next undersecretary for terrorism and financial crimes, according to a Feb. 11 Axios report. Liu, whose nomination was announced by the White House in December…

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(see 1912110078), would have filled a key sanctions role within the agency after the resignation of former undersecretary Sigal Mandelker in October (see 1910020061). Liu’s Senate confirmation hearing had been scheduled for Feb. 13. The White House and the Treasury did not comment.