Crapo Votes to Confirm Deputy Treasury Secretary
Washington, D.C.--Today, the U.S. Senate confirmed Michael Faulkender to be Deputy Secretary of the Treasury by a vote of 53-43. In remarks delivered on the Senate Floor, U.S. Senate Finance Committee Chairman Mike Crapo (R-Idaho) called on his colleagues to support the nomination, emphasizing Faulkender’s exceptional private and public sector experience, in addition to his academic credentials and determination to restore economic prosperity and tackle America’s affordability crisis.
Click here to watch Crapo’s remarks
As delivered:
“I rise today to urge my colleagues to vote in favor of the confirmation of Mr. Michael Faulkender, who is nominated to serve as Deputy Secretary of the Treasury.
“The Deputy Treasury Secretary advises and assists the Secretary in the supervision and direction of the Department and its activities. Along with Secretary Bessent, the Deputy Treasury Secretary will be thoroughly involved in Congress’s efforts to craft pro-growth tax policies, which will benefit all Americans and allow U.S. businesses to compete on the global stage.
“Mr. Faulkender’s depth of experience in the public and private sector, in addition to his academic credentials, makes him a highly qualified choice for this position.
“Mr. Faulkender spoke strongly at his confirmation hearing about his determination to tackle America’s affordability crisis. I look forward to working with him to restore economic prosperity and opportunity, and usher in the economic golden age envisioned by the President.
“Mr. Faulkender also clearly met the standard of the Finance Committee’s rigorous nomination process, and I commend the candor and diligence he displayed during the extensive meetings he had with Committee members and staff.
“Qualified nominees for Deputy Treasury Secretary in prior Administrations normally receive bipartisan support. I strongly encourage my colleagues on both sides of the aisle to join me today in voting to confirm Mr. Faulkender.”
Next Article Previous Article