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Michael Faulkender, U.S. Treasury Department's No. 2 official, set to depart, WSJ reports
- Deputy Treasury Secretary Michael Faulkender is leaving the agency after less than five months since his Senate confirmation in late March.
- Treasury Secretary Scott Bessent thanked Faulkender for his dedication and support for important legislation, including the One Big Beautiful Bill and the GENIUS Act.
- Faulkender's departure follows a series of high-level changes within the Trump administration, including the removal of other officials in recent weeks.
- The reasons for Faulkender's departure are unclear, but it highlights a period of significant personnel changes within key economic agencies.
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Michael Faulkender, number two in the Treasury Department, left office after just five months. The agency still did not explain the reasons for his departure and the undersecretary has not yet expressed himself in this regard. Donald Trump will be in charge of appointing a successor, who will have to be confirmed by the Senate. Read more]]>
Michael Faulkender, U.S. Treasury Department's No. 2 official, set to depart, WSJ reports
Michael Faulkender, the second-highest official at the U.S. Treasury Department, is leaving the administration, the Wall Street Journal reported on Friday, citing people familiar with the matter.
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Coverage Details
Total News Sources14
Leaning Left1Leaning Right5Center4Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
C 40%
R 50%
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