Trump, Treasury and Michael Faulkender

Trump picks finance professor Faulkender for deputy Treasury secretary
U.S. President-elect Donald Trump on Wednesday named University of Maryland finance professor Michael Faulkender as his choice to serve as the deputy secretary of the U.S. Treasury Department.
Trump Picks Faulkender as Bessent’s Deputy Treasury Secretary
President-elect Donald Trump selected finance professor Michael Faulkender — who implemented a key pandemic-era relief program during his first presidency — to be the deputy Treasury secretary.
The No. 1 Reason Your Money Cares About Trump’s Pick for Head of Treasury
President-elect Donald Trump released a statement on Truth Social nominating hedge fund manager Scott Bessent as the secretary of the Treasury Department. The statement reads that Bessent will help Trump “usher in a new Golden Age for the United States” and maintain the dollar as “the Reserve Currency of the World.
Trump Nominates Scott Bessent for Treasury Secretary
"I am most pleased to nominate Scott Bessent to serve as the 79th Secretary of the Treasury of the United States," Trump said in a statement emailed to Newsweek. "Scott is widely respected as one of the World's foremost International Investors and Geopolitical and Economic Strategists. Scott's story is that of the American Dream."
Donald Trump Picks Scott Bessent As Next Treasury Department Secretary
United States President-elect Donald Trump has nominated Scott Bessent to lead the US Department of Treasury. In a statement, Trump said, "I am most pleased to nominate Scott Bessent to serve as the 79th Secretary of the Treasury of the United States.
Trump picks economist Faulkender for No. 2 position at Treasury
President-elect Trump announced economist Michael Faulkender as his pick for deputy secretary of the Treasury on Wednesday, the second-highest ranking position at the department. If confirmed, Faulkender would serve under Scott Bessent,
Russia-related sanctions target illicit digital finance network, US Treasury says
The Biden administration issued a fresh round of Russia-related sanctions on Wednesday, taking aim at what it called an illicit finance network that allowed Russian elites to leverage digital assets ...
Secret Service confirms agent opened fire on carjackers outside Treasury Secretary Janet Yellen's home
The Secret Service confirmed that one of its agents opened fire on suspected carjackers outside the home of Treasury ...
Treasury sanctions 3 in Uzbekistan for abusing children in orphanage
The Treasury Department on Monday sanctioned three individuals for human trafficking and sexual violence against children at ...
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U.S. Treasury expands the scope of CFIUS investigative authority and updates civil monetary penalties
On November 26, 2024, the U.S. Department of the Treasury (“Treasury”) issued a new final rule (the “Final Rule”) expanding the Committee on ...
He Helped ‘Break’ the Bank of England. Now He May Run the U.S. Treasury.
Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad ...
Daily on Energy: China restricts critical mineral exports, Treasury tightens Iran sanctions, and SAF guidance delayed
Good afternoon and Happy Tuesday, readers. In today’s edition of Daily on Energy, with a little help from our editor Joe ...
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Treasury Department and IRS Issue Final Regulations on the Advanced Manufacturing Production Credit Under Section 45X of the Internal Revenue Code
Under the final regulations, taxpayers are permitted to produce eligible components using recycled materials. Components which ...
How Treasury yields are driving whether U.S. stocks beat the rest of the world
Treasury bond yields are clearly influencing how U.S. stocks behave this year relative to equities in the rest of the world, ...