Treasury Deputy Secretary
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The official X account for the Deputy Secretary of the @USTreasury
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Treasury Deputy Secretary1,064,911 Aufrufe • vor 2 Jahren
For decades, we have had leaders in this country who have been willing to ship our industrial base abroad. President Donald J. Trump recognizes that you cannot be a leading global power if you do not manufacture domestically. Manufacturing jobs are an incredibly important source of wealth creation on Main Street and economic mobility for American workers.
Deputy Secretary Michael Faulkender181,277 Aufrufe • vor 11 Monaten
As Treasury Secretary Scott Bessent negotiated in Geneva, China committed to easing export controls on critical minerals, including magnets. Instead, they are delaying approvals, reintroducing the same non-tariff barriers that have long challenged fair trade and market access. China must follow through on its commitments to support global supply chain resilience and economic stability.
Deputy Secretary Michael Faulkender167,973 Aufrufe • vor 1 Jahr
The full implementation of President Donald J. Trump’s plan is well underway. We will extend tax reform, deregulate the economy, bring American jobs back, bring the deficit down, and get to that 3% deficit to GDP target that Treasury Secretary Scott Bessent has been talking about.
Treasury Deputy Secretary155,101 Aufrufe • vor 1 Jahr
The reconciliation bill is a central part of President Donald J. Trump' economic agenda, and Treasury Department and Treasury Secretary Scott Bessent are leading the effort to get One Big, Beautiful Bill through Congress. These permanent tax reforms and spending reductions will stimulate long-term economic growth, which in turn will bring down deficits and lower our debt-to-GDP ratio over time.
Treasury Deputy Secretary82,936 Aufrufe • vor 1 Jahr
To protect our economy and national security, we’re focused on building resilient supply chains to reduce strategic dependencies and ensure the U.S. can meet its essential needs. This trade deal is just the first step in making sure that we continue to have the process, plan, and mechanism in place to avoid future need for upward tariff pressure and deliver lasting benefits to the American people.
Treasury Deputy Secretary73,502 Aufrufe • vor 1 Jahr
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.
Treasury Deputy Secretary59,404 Aufrufe • vor 11 Monaten
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.
Treasury Deputy Secretary53,641 Aufrufe • vor 11 Monaten
The way to rebuild the industrial base in the United States is by creating the economic conditions that incentivizes private industry to invest here. In the first 100 days of the Trump Administration, we’ve been able to attract more capital to invest in the U.S. than the entire four years under Biden.
Treasury Deputy Secretary60,992 Aufrufe • vor 1 Jahr
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 Deputy Secretary50,158 Aufrufe • vor 11 Monaten
Manufacturers know just how important the One, Big, Beautiful Bill is to factories and workers across this country. We are going to get this bill done, not only to prevent the largest tax increase in history, but to provide these industries with the tools they need to thrive.
Deputy Secretary Michael Faulkender40,944 Aufrufe • vor 1 Jahr
I was proud to help implement the Tax Cuts and Jobs Act in President Donald J. Trump’s first term, and I am equally proud to work on its extension in his second. Extending the TCJA will provide essential benefits to American businesses and families.
Deputy Secretary Michael Faulkender37,234 Aufrufe • vor 1 Jahr
At the end of the day, we can’t afford a $4.5T tax hike. Americans need tax certainty, pro-growth policies like R&D deductions & immediate expensing, and relief for workers through No Tax on Tips or OT. Republicans are united to get the One, Big, Beautiful Bill passed and to the President’s desk as quickly as we can.
Treasury Deputy Secretary30,403 Aufrufe • vor 1 Jahr
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