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Treasury’s Top Capitol Hill Liaison is Departing This Week

Summary

A Bloomberg Tax article by Chris Cioffi, dated June 29, 2026, reporting that Derek Theurer, Treasury Secretary Scott Bessent’s top liaison to Capitol Hill, is departing the agency this week, according to a person familiar with the matter. It says Theurer was confirmed in December as deputy undersecretary of the Treasury for legislative affairs and that the news was first reported by Punchbowl. In October, the article says, Bessent tapped Theurer to perform the duties of deputy Treasury secretary after Michael Faulkender’s exit in August. Theurer has not revealed where he plans to go next. The text is cut off by a subscriber prompt mid-sentence.

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“Treasury’s Top Capitol Hill Liaison is Departing This Week.” Original at news.bloombergtax.com. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/treasurys-capitol-hill-liaison-is-departing-a0e345bed9a30c3f-0f2beece84/, SHA-256 6fa5341e9c2e904427acf75a076a91ebf489c00584ec35f18d75a25908cc4450.

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Treasury’s Top Capitol Hill Liaison is Departing This Week

June 29, 2026, 8:43 PM UTC

Chris Cioffi

Senior Reporter

Treasury Secretary Scott Bessent’s top liaison to Capitol Hill, Derek Theurer, is departing the agency this week, according to a person familiar with the matter.

Theurer was confirmed in December as deputy undersecretary of the Treasury for legislative affairs, but held a variety of roles at the agency. The news was first reported by Punchbowl . In October, Bessent tapped Theurer to perform the duties of deputy Treasury secretary after Michael Faulkender’s exit in August. Theurer hasn’t yet revealed where he plans to go next.

Then a Capitol Hill staffer, Theurer jumped to the Treasury Department early in President Donald ...

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