March 14,2025

Finance Committee Advances Deputy Treasury Secretary Nominee

Washington, D.C.--The U.S. Senate Finance Committee today advanced the nomination of Michael Faulkender to be Deputy Secretary of the U.S. Department of the Treasury by a vote of 14-13.  Following the vote, Chairman Mike Crapo (R-Idaho) issued the following statement:

“Mr. Faulkender’s years of public and private sector experience and impressive academic credentials make him the quintessential pick for this role.  I look forward to his nomination being considered by the full Senate as we continue our important work to prevent a massive tax hike on American families and businesses.”  

Mr. Faulkender was reported out of the Committee by a vote of 14 to 13.  Executive session information can be found here.

Crapo_Faulkender

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Chairman Crapo’s full statement at the nomination hearing can be found here, and his statement at the executive session can be found here.