Senate Confirmed Michael Faulkender to Be the Deputy Secretary of the Treasury (March 27, 2025)

Summary

The United States Senate confirmed Michael Faulkender as the 16th Deputy Secretary of the United States Department of the Treasury by a majority vote. The release announcing it is dated March 27, 2025 and puts the vote on the day before. Faulkender thanked President Trump and Secretary Scott Bessent and said he looks forward to working on “the reprivatization of our economy” and the President's America First agenda. Bessent called him “a distinguished economist who brings a rare blend of real-world experience, academic credentials, and advocacy to the position.”

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March 27, 2025

WASHINGTON – Yesterday, the United States Senate confirmed Michael Faulkender to be the Deputy Secretary of the United States Department of the Treasury.

“It is an honor to be confirmed as the Deputy Secretary of the United States Department of the Treasury. Thank you, President Trump, for the trust and confidence you have placed in me, and I thank Secretary Scott Bessent for his unwavering support,” said Michael Faulkender. “I look forward to working with Secretary Bessent in delivering prosperity for the American people, the reprivatization of our economy, national security through economic security, and working to support the President’s America First agenda.”

With a majority vote, the United States Senate voted to confirm the Honorable Michael Faulkender as the 16th Deputy Secretary.

“I am thrilled to have Michael serving as the Deputy Secretary of the Treasury. Michael is a distinguished economist who brings a rare blend of real-world experience, academic credentials, and advocacy to the position that will serve the American people well,” said Secretary Scott Bessent.

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