Craig Phillips to Leave U.S. Treasury Department

A top aide to Treasury Secretary Steven Mnuchin who has led the Trump administration’s push to cut regulations for Wall Street is quitting.

The departure of Craig Phillips was announced Thursday by the Treasury. As a counselor to Mnuchin, Phillips has taken the lead on domestic financial policy initiatives, including the rule rollback and developing plans for freeing mortgage giants Fannie Mae and Freddie Mac from federal control.

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