WSJ named a possible reason for the resignation of the deputy head of the US Treasury

US Deputy Treasury Secretary Michael Falkender resigned due to the fact that he displeased US President Donald Trump and did not share his views. This was stated by The Wall Street Journal on Friday, August 22.

"According to people familiar with the situation, the second most important official of the Ministry of Finance was dismissed from his post after he caused discontent with President Trump and hostility with his entourage," the publication says.

The newspaper, citing sources, noted that Trump considered Falkender's views on financial policy too similar to the position of former Treasury Secretary Steven Mnuchin, who was not close to the president during his first term.

In addition, it was Mnuchin who recommended hiring Jerome Powell as chairman of the US Federal Reserve System (FRS), with whom Trump also did not agree. So, the head of the White House had previously called on him to leave his post.

Also, according to sources, Trump was unhappy with the conflict between Falkender and the head of the US Internal Revenue Service (IRS) Billy Long, who also recently resigned.

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Earlier in the day, it was reported that Falkender decided to leave the position less than five months after his candidacy for the post of deputy head of the US Treasury Department was approved by the Senate. The reasons for the resignation were not announced.

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