WASHINGTON: The US Treasury Division’s chief of workers is anticipated to take up the number-two publish on the International Monetary Fund (IMF), a supply advised AFP on Wednesday (Sep 17).
Dan Katz, who works carefully with Treasury Secretary Scott Bessent, is predicted to be chosen because the IMF’s subsequent first deputy managing director, the supply stated. No formal announcement has been made. A Treasury spokesperson declined to remark, and the Fund didn’t instantly reply to queries.
IMF TRADITION
The US, the IMF’s largest shareholder, sometimes nominates the Fund’s prime deputy, whereas the European Union historically nominates the IMF chief. Katz, who beforehand served as a senior Treasury official in Donald Trump’s first administration, has longstanding ties with Bessent and earlier consulted for his hedge fund.
Katz has additionally labored at Goldman Sachs as an funding banker and is a Yale College graduate. Within the present Trump administration, he has helped steer Washington’s worldwide financial technique, together with on Ukraine, and was concerned in commerce and financial talks with Beijing.
