It is reported that the U.S. Deputy Secretary of the Treasury is about to leave office after five months in office.

[Reports indicate that the U.S. Deputy Secretary of the Treasury is about to resign after five months in office] According to The Wall Street Journal, informed sources revealed that U.S. Deputy Secretary of the Treasury Michael Faulkender will leave the government less than five months after being confirmed by the Senate. Faulkender is responsible for the daily operations of the Treasury Department and briefly served as acting director during a turbulent period in the leadership of the IRS. He is the second Senate-confirmed official from the Treasury Department to depart this month, following the earlier resignation of former IRS Commissioner Billy Long. During his tenure, Faulkender led the Treasury transition team and participated in the development of tax policies related to the tax and spending bill signed by Trump in July.