Michael Faulkender, the Deputy Secretary of the U.S. Treasury, is set to leave office. According to sources cited by The Wall Street Journal, he has chosen to leave the government less than five months after being formally confirmed by the Senate for the position.
During his tenure, Faulkender was primarily responsible for the daily operations management of the U.S. Treasury and briefly served as acting director of the IRS during a period of leadership turmoil to maintain the agency's normal operations.
He is the second Senate-confirmed senior official to leave the Treasury this month. Previously, former IRS Commissioner Billy Long also stepped down.
Although his tenure was short, Faulkender was quite influential. He led an important transition team within the Treasury and was directly involved in the development of several tax policies, which were later incorporated into the tax and spending bill signed by Trump in July of this year, having a substantive impact on the U.S. fiscal and tax system.
His departure has once again raised concerns about the stability of personnel at the top of the Treasury and the continuity of policies. #美国初请失业金人数