The US Treasury Department's chief of staff is anticipated to join the International Monetary Fund (IMF) in a key role as its number-two official, a source told AFP on Wednesday.

Dan Katz, who currently works with Treasury Secretary Scott Bessent, is expected to be selected as the next first deputy managing director of the IMF. The source was familiar with the matter, and spoke on condition of anonymity due to the sensitivity of the topic.

No formal announcement has been made by the Washington-based lender.

A Treasury spokesperson declined to comment, and the Fund did not immediately respond to queries.

The United States, which is the biggest shareholder in the Fund, typically nominates its top deputy. This is subject to approval within the organization.

By convention, the European Un

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