Economics
Trump Picks Faulkender as Bessent’s Deputy Treasury Secretary
- Faulkender implemented Covid-era Paycheck Protection Program
- Deputy Treasury role would be second-in-command to Bessent
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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.
“Mike is a distinguished Economist and Policy practitioner who will drive our America First Agenda,” Trump said in a post on Truth Social on Wednesday. “He will help Treasury Secretary Nominee Scott Bessent usher in a new Golden Age for the United States by delivering a Great Economic Boom for all Americans.”