TechFlow news, August 22 — According to The Wall Street Journal, citing sources familiar with the matter, Michael Faulkender, Deputy Secretary of the U.S. Department of the Treasury, will leave the government less than five months after being confirmed by the Senate. Faulkender oversaw the Treasury's day-to-day operations and briefly served as acting commissioner of the Internal Revenue Service (IRS) during a period of leadership turmoil. He is the second Senate-confirmed Treasury official to depart this month, following the earlier departure of former IRS Commissioner Billy Long. During his tenure, Faulkender led the Treasury’s transition team and helped shape tax policies included in the tax and spending bill signed by Trump in July. (Jinshi)
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