Goldman Sachs (GS) - Get Report partner Jim Donovan would welcome a role in the Trump administration, even though he pulled out of the running to be the President's choice for Deputy Secretary of the Treasury Department under Secretary Steve Mnuchin. 

"There's a narrative that the administration is having issues and he's bailing because of that and that's just not true. He'd like to contribute in any way he can and could still be an informal adviser to this administration," Donovan's spokesperson told Fox Business

Editor's note: story has been updated to reflect the quote came from Fox Business, not Fox News as was originally reported. 

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