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University of Maryland finance professor nominated for Treasury post by President Trump

Michael Faulkender, a finance professor at the University of Maryland's Robert H. Smith School of Business, has been nominated to be assistant secretary of the Treasury for economic policy by President Donald J. Trump.
Michael Faulkender, a finance professor at the University of Maryland's Robert H. Smith School of Business, has been nominated to be assistant secretary of the Treasury for economic policy by President Donald J. Trump. (University of Maryland)

President Donald Trump announced he would nominate Michael Faulkender, a University of Maryland finance professor, to be assistant secretary of the Treasury for economic policy.

Faulkender is also associate dean of masters programs at the university’s Robert H. Smith School of Business. Faulkender research focuses have been on corporate finance in the areas of capital structure, risk management, corporate liquidity, and executive compensation, according to his online bio.

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White House officials cited Faulkender’s published articles on capital structure, corporate liquidity, risk management and executive compensation.

Faulkender previously held positions at the Olin School at Washington University in St. Louis and the Kellogg School at Northwestern University.

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In a video posted to Vimeo by the University of Maryland’s Ed Snider Center for Enterprise and Markets, Faulkender said his research focused on “what drive the financial decisions firms make.”

The school says he was been recognized by students as the “Best Core Faculty Member” and the “Most Engaged Professor”.

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