US Treasury Department announces a new deputy secretary

by Andrea
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Derek Theurer joined the folder in January this year as the secretary’s counselor; new function is the most important second place of the body responsible for the economic and financial policy of the US government

Reproduction / LinkedIn
US Treasury Department announces Derek Theurer for one of the highest positions in the folder

The Treasury Department of the Treasury announced on Tuesday (7) a new appointment for one of the highest positions of the portfolio. Treasury Secretary Scott Bessent has confirmed that Derek Theurer will perform the duties of Treasury Deputy Secretary-the second most important post of the US government’s economic and financial policy.

According to an official statement, Theurer joined the Treasury in January this year as the secretary’s advisor, acting directly on global tax negotiations and the implementation of tax reductions promoted by the administration, aimed at middle -class families and employment generators.

In March, he was appointed vice-Under-Secretary for Legislative Affairs, a position that brought him closer to the US Congress and the main discussions on fiscal policy.

“Derek’s leadership and common sense have been fundamental while the Treasury works to put President Trump’s economic growth agenda into practice,” said Secretary Scott Bessent. “Your commitment to public service, deep technical knowledge and operational experience make you the ideal person to perform the functions of vice-secretary.”

Theorer holds a degree in Accounting from Utah State University, where Summa Cum Laude has graduated, and has a doctorate in Law (JD) from the UCLA School of Law. He is also a master’s degree in Tax Law (LL.M.) from the University of New York (NYU).

The Treasury Department pointed out that the new appointment reinforces the current management’s commitment to an economic policy of “sustained growth, job creation and fiscal stability”.

With this designation, Derek Theurer becomes one of the central figures in the execution of the White House economic goals, especially in the monitoring of tax reforms and strategies to encourage private investment.

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