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Lehman’s tenure at Goldman Sachs, which coincided with the 2008 subprime mortgage crisis, had been the subject of much debate.
David Lehman, a managing director at Goldman, will serve both as the state’s new commissioner of the Department of Economic and Community Development and as the governor’s senior economic adviser.
"The legislature once again focused on short-term budget fixes rather than on long-term structural reform," said Commission on Fiscal Stability and Economic Growth co-chairs Robert Patricelli and Jim Smith.