Treasury’s Top Capitol Hill Liaison is Departing This Week

June 29, 2026, 8:43 PM UTC

Treasury Secretary Scott Bessent’s top liaison to Capitol Hill, Derek Theurer, is departing the agency this week, according to a person familiar with the matter.

Theurer was confirmed in December as deputy undersecretary of the Treasury for legislative affairs, but held a variety of roles at the agency. The news was first reported by Punchbowl. In October, Bessent tapped Theurer to perform the duties of deputy Treasury secretary after Michael Faulkender’s exit in August. Theurer hasn’t yet revealed where he plans to go next.

Then a Capitol Hill staffer, Theurer jumped to the Treasury Department early in President Donald ...

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