Sen. Elizabeth Warren is pressing Michael Faulkender for answers on a host of issues including his oversight of the pandemic-era Paycheck Protection Program, ahead of a Senate Finance hearing on his nomination to take the No. 2 spot at the Treasury Department.
Faulkender is due to appear before the Finance Committee on Thursday when the panel reviews his nomination to be deputy Treasury secretary. Committee Democrats objected to the scheduling of his hearing, citing a lack of cooperation from the Trump administration regarding the so-called Department of Government Efficiency’s access to sensitive financial and taxpayer data at Treasury and IRS.
Warren, D-Mass., also the top Democrat on the Senate Banking Committee, urged Faulkender to come prepared to answer questions about the pandemic-era program, which he oversaw as Treasury’s assistant secretary for economic policy during the first Trump administration.
