US Plans to Nominate Treasury’s Katz as IMF’s No. 2 Official
The US government plans to nominate Dan Katz, the chief of staff to Treasury Secretary Scott Bessent, as the new second-in-command at the International Monetary Fund (IMF). Katz, who has worked at the Treasury Department for several years, is expected to be nominated for the position of IMF's Deputy Managing Director. This move comes as the Trump administration seeks to influence the leadership of major international financial institutions. The IMF is a critical global organization that provides financial assistance and policy advice to member countries, and the appointment of a US-nominated official as its second-highest ranking official could potentially shape the institution's priorities and decision-making processes. The nomination is subject to approval by the IMF's Executive Board, which is composed of representatives from the organization's member countries.
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