It is reported that the US Deputy Secretary of the Treasury is leaving after five months in office
2025-08-22 13:38:07
US Treasury Deputy Secretary Michael Faulkender will leave the administration less than five months after his Senate confirmation, according to the Wall Street Journal. Faulkender is responsible for the day-to-day operations of the Treasury Department and briefly served as acting director during a period of turmoil in the leadership of the Internal Revenue Service (IRS). He is the second Treasury Senate-confirmed official to leave this month, following the earlier departure of former IRS Director Billy Long. During his tenure, Faulkender led the Treasury transition team and was involved in developing related tax policy in the Tax and Spending bill that Trump signed into law in July.
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