Michael Faulkender, the deputy secretary of the U.S. Treasury and the department’s second-highest official, is preparing to leave the Trump administration, the Wall Street Journal reported on Friday. Faulkender was confirmed by the Senate in late March 2025, giving him a tenure of just under five months. His departure will leave a vacancy in the Treasury’s leadership at a time when the department is responsible for overseeing the administration’s economic and fiscal agenda.
JUST IN - Deputy Treasury Secretary Michael Faulkender, to leave Trump admin less than five months after being confirmed — WSJ
Treasury Deputy Secretary Michael Faulkender, confirmed in March, is leaving less than five months into the role. Source: WSJ
Michael Faulkender, the second-ranking official at the Treasury Department, is departing from the administration, according to WSJ. 🚪🇺🇸