Bloomberg to Tap Former Wachovia CEO As Deputy Mayor

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Photo: Jay Mallin/Bloomberg via Getty Images

The mayor is set to add another powerhouse to his roster of deputy mayors. According to The Wall Street Journal, he's set to tap Robert Steel as his deputy for economic development. Steel will fill the shoes of Dan Doctoroff, Bloomberg's effective original development guru, who now runs his private Bloomberg LP. Steel has quite the financial résumé: After nearly 30 years at Goldman Sachs, he served not only as an undersecretary in the Bush Treasury, but also as the CEO of Wachovia. He's expected to be named today. (He also executive produced a race-relations movie by the guy who wrote Die Hard.) "Steel is the third high-profile appointment to Mayor Michael Bloomberg’s cabinet of deputy mayors this year," writes Michael Saul. "In April, Bloomberg tapped Stephen Goldsmith, a former mayor of Indianapolis, to be deputy mayor for operations, replacing longtime confidante Ed Skyler. In March, the mayor appointed Howard Wolfson as deputy mayor for government affairs, replacing Kevin Sheekey." Though he's lost all but one of his original powerhouse deputy mayors, Bloomberg has resolved to make his third term in office his most effective yet.

Bloomberg to Tap Robert Steel as Deputy Mayor [Metropolis/WSJ]