Former Goldman Sachs Group Inc. partner Steven Mnuchin has been recommended by Donald Trump’s transition team to serve as Treasury secretary, according to two people familiar with the process, and the choice is awaiting the president-elect’s final decision.

Mnuchin, the campaign’s national finance chairman, has been considered the leading candidate for the job. Trump has already displayed a pattern of loyalty to those closest to him during the campaign in early selections for administration jobs, and Mnuchin joined the campaign at a time when many from Wall Street stayed away.

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