Official announcement from the U.S. Senate or credible news sources like Reuters or AP News

President-elect Trump Nominates Finance Professor Michael Faulkender as Deputy Treasury Secretary

Dec 4, 2024, 05:25 PM

President-elect Donald Trump has officially nominated finance professor Michael Faulkender to serve as Deputy Secretary of the U.S. Treasury Department. Faulkender, a professor at the University of Maryland, previously served as Assistant Secretary for Economic Policy under Treasury Secretary Steven Mnuchin during Trump's first term, where he implemented a key pandemic-era relief program. He has recently held a top economic policy position at the America First Policy Institute. In his announcement, Trump praised Faulkender as a distinguished economist and policy practitioner who will drive the America First agenda, stating, "I am pleased to nominate Dr. Michael William Faulkender, of the Great State of Maryland, to serve as the Deputy Secretary of the United States Department of the Treasury."