Treasury's No. 2 official Faulkender is leaving administration, source says
ReutersAug 22, 2025 2:15 PM
WASHINGTON, Aug 22 (Reuters) - U.S. Deputy Treasury Secretary Michael Faulkender is leaving the Trump administration less than five months after being confirmed by the Senate, a source familiar with the matter said on Friday.
The Treasury had no immediate comment on the news, which was first reported by the Wall Street Journal.
Faulkender is the second Senate-confirmed official to leave the Treasury Department this month, following the departure of IRS Commissioner Billy Long, who said he was being tapped as ambassador to Iceland.
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