CoinVoice has learned that, according to the Wall Street Journal, U.S. Deputy Treasury Secretary Michael Folkenflik will leave the government less than five months after being confirmed by the Senate.

Folkenflik is responsible for the daily operations of the Treasury Department and briefly served as acting director during a tumultuous period in the IRS leadership. He is the second Senate-confirmed official in the Treasury Department to leave this month, following former IRS Commissioner Billy Long, who departed earlier.

During his tenure, Folkenflik was involved in formulating the tax policies related to the tax and spending bill signed by Trump. [Original link]