Secretary of the Treasury Scott Bessent has announced that Derek Theurer will perform the duties of Deputy Secretary of the Treasury. Theurer, who joined the department in January as Counselor, has assisted Secretary Bessent with global tax negotiations and the implementation of President Trump’s tax cuts.
Earlier this year, Theurer was nominated to be Deputy Under Secretary of the Treasury for Legislative Affairs.
“Derek’s leadership and sound counsel have been critical as the Treasury Department works to implement President Trump’s pro-growth agenda,” said Secretary of the Treasury Scott Bessent. “His ongoing commitment to serving the American people, deep policy acumen and legislative expertise, as well as years of operational experience make him the ideal person to perform the duties of Deputy Secretary. I appreciate his continued service on my team as we address issues vital to the success of the economy.”
Theurer holds a bachelor’s degree in accounting from Utah State University, where he graduated summa cum laude. He also earned a J.D. from UCLA School of Law and an L.L.M. in Taxation from NYU School of Law.
