Treasury Official Who Oversees Federal Payments System Is Leaving

  • David Lebryk had been acting Treasury chief before Bessent
  • Lebryk oversaw federal financing operations, cash management

The US Treasury building in Washington, DC.

Photographer: Stefani Reynolds/Bloomberg
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The US Treasury official who oversees the world’s largest financial infrastructure, including the federal government’s cash-management operations and debt financing, is stepping down from the job.

David Lebryk, the Treasury’s fiscal assistant secretary for more than a decade, is leaving the department, according to an email seen by Bloomberg. His job is the Treasury’s most senior career position, and Lebryk had served as acting Treasury secretary earlier this month — between Janet Yellen’s departure and Scott Bessent succeeding her. Lebryk said he was retiring after 36 years of federal service, the email showed.