Deputy Secretary Michael Faulkender (@treasurydepsec) 's Twitter Profile
Deputy Secretary Michael Faulkender

@treasurydepsec

The official X account for the Deputy Secretary of the @USTreasury

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linkhttps://treasury.gov calendar_today05-03-2021 01:10:48

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Deputy Secretary Michael Faulkender (@treasurydepsec) 's Twitter Profile Photo

Thanks to the One Big Beautiful Bill, hardworking Americans will see tax relief on their overtime and tipped wages. Treasury is moving swiftly to implement, and these deductions are available regardless of the payment method. foxbusiness.com/politics/one-b…

Treasury Secretary Scott Bessent (@secscottbessent) 's Twitter Profile Photo

President Trump promised to make America the “crypto capital of the world.” House Republicans’s actions today to pass the CLARITY Act and send GENIUS to the President’s desk keep that promise. French Hill and Glenn "GT" Thompson should be commended for their leadership, and I look forward

Deputy Secretary Michael Faulkender (@treasurydepsec) 's Twitter Profile Photo

The GENIUS Act provides much needed regulatory clarity for the use of stablecoins in modernizing our payment systems. This is a great day for the American people and further cements the dollar as the world’s reserve currency.

Deputy Secretary Michael Faulkender (@treasurydepsec) 's Twitter Profile Photo

With the GENIUS Act providing legal clarity on stablecoins, we now have a faster, cheaper, and more secure way to trade. This boosts global acceptance and demand for dollar-backed digital payments, reinforcing President Donald J. Trump’s promise to make the U.S. the Crypto Capital of the World.

Treasury Secretary Scott Bessent (@secscottbessent) 's Twitter Profile Photo

Blockchain technologies will power the next generation of payments, and the U.S. dollar is coming onchain. Thanks to President Trump’s visionary leadership, and Senator Bill Hagerty's important work in Congress, the GENIUS Act will help cement the U.S. dollar as the global reserve

Deputy Secretary Michael Faulkender (@treasurydepsec) 's Twitter Profile Photo

With the GENUIS Act now law, a new era of transactions is here. Stablecoins backed by U.S. Treasury bills will modernize global payments. This is a game-changer for trade, with the potential of trillions of dollars in additional investments in global finances that will boost

Deputy Secretary Michael Faulkender (@treasurydepsec) 's Twitter Profile Photo

Business equipment production is up nearly 17% annualized through the first half of the year—the fastest pace since 1997. This CapEx Comeback was jumpstarted by the OBBB, which made investment spending retroactive to Inauguration Day. Higher capital investment drives

Deputy Secretary Michael Faulkender (@treasurydepsec) 's Twitter Profile Photo

The Iran-backed Houthis collaborate with opportunistic businessmen to reap enormous profits from the importation of petroleum products and to enable the group’s access to the international financial system. Today, Treasury Department is sanctioning two individuals and five entities that

Deputy Secretary Michael Faulkender (@treasurydepsec) 's Twitter Profile Photo

The CapEx Comeback is a direct result of the fundamental shifts in economic policy envisioned by President Donald J. Trump. This administration is creating enormous incentives for domestic investment.

Treasury Department (@ustreasury) 's Twitter Profile Photo

The CapEx Comeback is in full swing: "President Trump’s 'big, beautiful bill' has sparked an investment surge across American businesses." foxbusiness.com/politics/trump…

Deputy Secretary Michael Faulkender (@treasurydepsec) 's Twitter Profile Photo

Inflation has fallen to a four-year low, consistently coming in below expectations since President Donald J. Trump took office. Through tax certainty, deregulation, and strong trade agreements, this administration is delivering results. President Trump’s full agenda is fundamentally

Deputy Secretary Michael Faulkender (@treasurydepsec) 's Twitter Profile Photo

Last week, we hosted a Big Beautiful Breakfast with House and Senate staffers to thank them for their hard work on the development and passage of the One Big Beautiful Bill. I also want to thank the tax team here Treasury Department for their tireless efforts toward realizing President

Last week, we hosted a Big Beautiful Breakfast with House and Senate staffers to thank them for their hard work on the development and passage of the One Big Beautiful Bill.

I also want to thank the tax team here <a href="/USTreasury/">Treasury Department</a> for their tireless efforts toward realizing President
Deputy Secretary Michael Faulkender (@treasurydepsec) 's Twitter Profile Photo

Inflation remains tame and consumer confidence is soaring because the American people trust President Trump to put America First and rebalance our economy and global trade. cnn.com/2025/07/29/bus…

Treasury Secretary Scott Bessent (@secscottbessent) 's Twitter Profile Photo

Innovation fuels the American spirit, but it needs forward-thinking regulation to thrive. President Donald J. Trump is providing the certainty entrepreneurs & investors need. In @WashingtonPost, I discuss how he's positioning the U.S. as the crypto capital of the world: washingtonpost.com/opinions/2025/…

Treasury Department (@ustreasury) 's Twitter Profile Photo

Today, in its largest Iran-related action since 2018, Treasury is sanctioning more than 115 individuals, entities, and vessels that make up a vast shipping empire controlled by Mohammad Hossein Shamkhani, son of a top political advisor to the Supreme Leader. This network

Today, in its largest Iran-related action since 2018, Treasury is sanctioning more than 115 individuals, entities, and vessels that make up a vast shipping empire controlled by Mohammad Hossein Shamkhani, son of a top political advisor to the Supreme Leader.

This network
Deputy Secretary Michael Faulkender (@treasurydepsec) 's Twitter Profile Photo

The Democrats spent years telling you the inflation-ridden Biden economy was working. Now they claim President Trump’s booming economy isn’t — even as consumer spending climbs, businesses invest, and trade deals deliver. The Golden Age is just getting started.

Deputy Secretary Michael Faulkender (@treasurydepsec) 's Twitter Profile Photo

The economy is strong. Inflation is falling. Trade deals are working. Investment is up. But the Fed is still holding rates high with no justification — even their own governors admit there’s room to cut. It's time to stop choking growth. It’s time to reduce rates.

Deputy Secretary Michael Faulkender (@treasurydepsec) 's Twitter Profile Photo

I had the privilege of swearing in Treasury’s new Acting Under Secretary, John Hurley. John’s extensive private sector experience, military service, and previous service on President Trump’s Intelligence Advisory Board make him uniquely qualified to serve the American people in this very

I had the privilege of swearing in Treasury’s new <a href="/UnderSecTFI/">Acting Under Secretary</a>, John Hurley.

John’s extensive private sector experience, military service, and previous service on President Trump’s Intelligence Advisory Board make him uniquely qualified to serve the American people in this very
Treasury Secretary Scott Bessent (@secscottbessent) 's Twitter Profile Photo

Happy 235th birthday to the U.S. Coast Guard! 🇺🇸 Born as the Revenue Cutter Service under Alexander Hamilton and the Treasury Department in 1790, the Coast Guard was initially created to enforce tariff and trade laws. The brave men and women of the Coast Guard have proudly