Deputy Treasury Secretary Michael Faulkender’s sudden departure adds to recent high-level turnover.

Deputy Treasury Secretary Michael Faulkender is stepping down from his role, a surprising move that comes less than five months after his confirmation by the Senate. The departure, first reported by The Wall Street Journal and confirmed by two sources to Politico, marks another instance of high-level turnover within the Trump administration.

Faulkender, who the Senate confirmed in late March, is the latest in a series of top officials to leave their posts. His exit follows the removal of former IRS Commissioner Billy Long on August 8 and the firing of Commissioner of Labor Statistics Erika McEntarfer on August 1.

Treasury Secretary Scott Bessent offered praise for Faulkender in a statemen

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