The WSJ has learned about the future resignation of the second-ranking official of the US Treasury department, Falkender

U.S. Treasury Undersecretary Michael Falkender is leaving his position less than five months after Senate confirmation. This was reported by The Wall Street Journal (WSJ) on August 22, citing sources.

"Michael Falkender, the second most important official of the Ministry of Finance, is leaving the administration less than five months after his candidacy was approved by the Senate," the publication says.

According to the newspaper, Falkender was involved in the daily activities of the ministry, and also served as commissioner of the Internal Revenue Service (IRS) during the leadership change of the tax department.

It is clarified that his departure was the second after the recent resignation of IRS Commissioner Billy Long, who was also confirmed to his post by the Senate.

Federal Reserve personnel: conflict between Trump and the head of the Fed may undermine the role of the dollar

Is the regulator in the United States really at risk of losing its independence and why is the role of central banks now being debated in all parts of the world?

The day before, Bloomberg reported that the US Department of Justice called for the resignation of Lisa Cook, a member of the Board of Governors of the Federal Reserve System (FRS). According to the agency, her resignation will give the American leader Donald Trump another vacancy on the board of directors of the Fed, so he is increasing pressure on the American Central Bank, demanding a reduction in the base rate. It is noted that only the president himself can dismiss the Fed governor and only if there are grounds for this.

All important news is on the Izvestia channel in the MAX messenger.