President Trump picks Wisconsin businessman Stephen King to serve as ambassador to Czech Republic

WASHINGTON — President Donald Trump will nominate Lew Eisenberg, a major Republican fundraiser, to serve as the next ambassador to Italy. It's one of several nominees the White House announced Monday evening, July 10th.

Eisenberg was a former partner of Goldman Sachs and ran the Republican National Committee's joint fundraising operations with President Trump's campaign.

The White House also announced President Trump intends to nominate former Treasury official Randal Quarles to the Federal Reserve board as vice chair for supervision. That will give him a key role in guiding the administration's efforts to roll back what President Trump has criticized as over-zealous bank regulations put into effect under the Dodd-Frank Act of 2010.

President Trump has also chosen Wisconsin businessman Stephen King to serve as U.S. ambassador to the Czech Republic.

They must be confirmed by the Senate.