A former Goldman Sachs vice chairman and Treasury official under President George W. Bush will be named the city's new deputy mayor of economic development. Mayor Bloomberg is expected to announce Robert Steel as the replacement for outgoing deputy mayor Robert Lieber, who is joining a private firm. Crain's reports, "Mr. Steel worked for nearly three decades at Goldman, retiring in 2004 as vice chairman. After a stint at the U.S. Department of Treasury under Henry Paulson, he was brought on in 2008 to save Wachovia, but there was a run on the bank and he ended up leading its sale to Wells Fargo." Apparently his appointment has been delayed because he needed to clear up possible conflicts of interest.