Shahira Knight, the deputy director of the National Economic Council, is leaving the White House to join The Clearing House Association as its head of public affairs.

The Clearing House, which is in the process of merging with the Financial Services Roundtable, confirmed the move Monday after it was first reported by Politico.

Knight will oversee government affairs, communications and member engagement for the merged group, which still does not have a name.

"Shahira brings her record of leadership in creating pro-growth economic policies to our organization," Brian Moynihan, chairman of the Financial Services Roundtable and CEO of Bank of America, said in a press release.

Brian Moynihan, CEO of Bank of America.
Brian Moynihan, chairman of the Financial Services Roundtable and CEO of Bank of America Bloomberg News

"She exemplifies the top talent financial services companies are investing in to advocate policies to help drive the U.S. economy forward.”

Knight will report to Greg Baer, who is heading the merged group. The move is a plus for the financial services group, netting a top Trump economic official widely credited with helping enact last year's tax-cut law.

“While it has been an honor to serve on the White House National Economic Council, I am excited for the opportunity to help launch a new organization that will advance thoughtful policies for an industry so critical to the growth of our economy,” Knight in the press release.

Before joining the White House, Knight was a top adviser at the House Ways and Means Committee.