The Chief of Staff Scott Bessnt, Dan Katz, leaves Trump’s administration to take a high -ranking position in the International Monetary Fund (IMF), according to the New York Post report, quoted people who realized the development.
David Kats, a former manager of Manhattan, is to become the first representative of the CEO of the IMF, making him the highest American in the organization.
He will report to the CEO of Kristalina Georgiev, the Economic and the former EU Commissioner.
“He is one of the closest confidants of the secretary,” said a person familiar with The New York Post, adding that “It is a great victory for President Trump’s first economic agenda on the international scene.”
Georgieva is expected to go nomination because the American traditionally held the role two in the fund, the report noted.
At the end of last month, there is a vacancy for the role of the first representative of the CEO, after the Gita Gopinath decision to resign for her contribution, which was nominated by Biden Administration. He plans to return to Harvard.
“This Friday is expected to make a formal announcement this Friday, that Dan is their choice (this role,” the report quoted to the person who was aware of the development.
“The two -week commentary is followed by this announcement, after which Dan would formally name Kristalina Georgieva,” he added.
Who is Dan Katz?
Katz is a graduate of Yale and former employee of Goldman Sachs, who also held a higher role in the first Trump administration. He played a key role in negotiating the US Agreement on Economic Partnership with Ukraine and is considered to be Besse’s key connection in China.
His wedding was subjected to his wedding Lord Mervyn King, former Governor of Bank of England.
Katz’s current boss, Scott Bessnt, recently criticized the IMF for “missionary creep” and accused him of promoting awakened causes in the central DC.
He claimed that the global lender “devotes excessive time and resources to work on climate, gender and social questions”.
“The focus on these areas is to push out its work on critical macroeconomic issues,” he said in the Institute of International Finance Forum. “The IMF whirred around the cemetery,” he added.
(Tagstotranslate) Finance Minister (T) Dan Katz (T) Trump Administration (T) International Monetary Fund
