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Trump nominates Pimco executive to lead international affairs at the US Treasury department

Bond giant’s head of asset allocation tapped to conduct negotiations with organisations such as the G7

Donald Trump has nominated a senior Pimco executive for a role at the US Treasury department negotiating with organisations such as the IMF at a time when the president is upending the global trade and economic order.

Trump selected Erin Browne, who has led Pimco’s asset allocation strategies since 2018, as Treasury under-secretary for international affairs, according to a notification to the Senate on Monday.

Browne’s nomination comes at a time when Washington’s relations with multilateral organisations have been strained by the president’s aggressive trade policies, which have sought to reorder the global economy.

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