
Deputy Secretary Michael Faulkender
@treasurydepsec
The official X account for the Deputy Secretary of the @USTreasury
ID: 1367642958502244354
https://treasury.gov 05-03-2021 01:10:48
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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


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.

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



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

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.


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

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




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/…




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

