Treasury names acting secretary

Treasury names acting secretary
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Just hours before President-elect Donald TrumpDonald John TrumpDem senator says Zelensky was 'feeling the pressure' to probe Bidens 2020 Dems slam Trump decision on West Bank settlements Trump calls latest impeachment hearings 'a great day for Republicans' MORE is inaugurated, the Treasury Department sent out a notice naming acting Under Secretary Adam Szubin as acting Treasury secretary, effective Friday.

The move is “to ensure the smooth continuity of leadership at the Department of the Treasury,” according a statement.


Szubin will serve in that role until Steve Mnuchin, Trump’s pick to lead the department, is confirmed and in place.

Mnuchin faced pointed questions from the Senate at his confirmation hearing earlier Thursday but is expected to be confirmed.