Trump Announces Key Treasury Appointments to Drive 2025 Tax Reforms

Ken Kies, a prominent Republican tax lobbyist, has been appointed assistant secretary for tax policy. Known for his extensive work with major corporations like Microsoft and financial services groups, Kies will spearhead tax reform efforts central to Trump’s 2025 agenda.

Samantha Schwab Takes Deputy Chief of Staff Role

Samantha Schwab, granddaughter of billionaire Charles Schwab, will serve as deputy chief of staff under Daniel Katz, the incoming chief of staff. Katz, a seasoned policy expert, returns to the Treasury after serving during Trump’s first term. Schwab brings prior experience from the Office of Legislative Affairs in the Trump administration.

Additional Treasury Team Appointments

• Cora Alvi: Deputy Chief of Staff and former national deputy finance director for Trump’s campaign.

• Alexandra Preate: Senior Counselor to the Treasury Secretary.

• Hunter McMaster: Director of Policy Planning and nephew of South Carolina Governor Henry McMaster.

Tax Cuts Take Center Stage

With key 2017 tax cuts set to expire, Republicans face a year-end deadline to prevent increases for households and small businesses. Trump has pledged further tax reforms, including corporate tax reductions and eliminating taxes on tips, overtime, and Social Security payments, though these measures could escalate the federal deficit.

These appointments underscore the administration’s commitment to prioritizing tax policy and economic growth in its upcoming term.

 

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