Treasury deputy-under-secretary-in-waiting named, for now, to handle deputy secretary duties

Derek Theurer was appointed to “perform the duties” of Treasury deputy secretary, Treasury Secretary Scott Bessent announced Tuesday.

Theurer has been serving as counselor, assisting Bessent on global and domestic tax issues, while awaiting confirmation to the post of deputy secretary for legislative affairs. He was nominated to that post in March. His nomination to deputy secretary (among others) is up for a vote of the finance panel Wednesday. After that, presuming it clears, the nomination will be sent to the Senate for confirmation.

Treasury said Theurer graduated summa cum laude from Utah State University with a bachelor’s in accounting. He holds a J.D. from UCLA School of Law and an L.L.M. in Taxation from NYU School of Law, it said.

Treasury Department Announces New Appointment

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