Goldman Sachs Taps Republican Fixer to Succeed Chief Lobbyist

Goldman Sachs Group Inc.’s chief global lobbyist, Michael Paese, is moving on after 16 years and will be replaced by a lifelong Republican at the helm of a team pushing the Wall Street bank’s policy goals on the Trump administration.

Known as a straight talker in Washington, Paese will become a senior adviser at the firm and support Goldman’s philanthropy as a member of its foundation’s board, according to a memo Thursday that was seen by Bloomberg News. Paese, a 58-year-old former Democratic lawyer, will be succeeded by Michael Thompson, who worked for two Republican senators and ...