-9999

Floor Speech

BREAK IN TRANSCRIPT

Mr. CRAPO. Mr. President, I rise today to urge my colleagues to vote in favor of the confirmation of Mr. Michael Faulkender, who is nominated to serve as Deputy Secretary of the Treasury.

The Deputy Secretary advises and assists the Secretary in the supervision and direction of all of the Department and its activities. Along with Secretary Bessent, the Deputy Secretary will be thoroughly involved in Congress's efforts to craft pro-growth tax policies, which will benefit all Americans and allow U.S. businesses to compete on the global stage. Mr. Faulkender's depth of experience in the public and private sector, in addition to his academic credentials, makes him a highly qualified choice for this position.

Mr. Faulkender spoke strongly at his confirmation hearing about his determination to tackle America's affordability crisis. I look forward to working with him to restore economic prosperity and opportunity and usher in the economic golden age envisioned by the President.

Mr. Faulkender, also, clearly met the standard of the Finance Committee's rigorous nomination process, and I commend the candor and the diligence that he displayed during the extensive meetings that he had with committee members and committee staff.

Qualified nominees for Deputy Treasury Secretary in prior administrations have normally received bipartisan support. I strongly encourage my colleagues today, on both sides of the aisle, to join me in voting to confirm Mr. Faulkender.

BREAK IN TRANSCRIPT

Source