Exclusive | Scott Bessents chief of staff Dan Katz to take No. 2 role at the International Monetary Fund: sources

Treasury Secretary Scott Bessent’s Chief of Staff Dan Katz will be nominated by the Trump administration to join the International Monetary Fund as the organization’s second-in-command, three sources familiar with the matter told The Post.In a move that is being called a “a big win” for the president’s America First policies, Katz — a former senior fellow at the Manhattan Institute who joined the Treasury Department in January — will become the first deputy managing director and the most senior American at the IMF.Katz will report to managing director Kristalina Georgieva, a Bulgarian economist and ex-EU commissioner who leads the global financial firefighter, which was at the forefront of the European debt crisis in 2008.“He is one of the secretary’s closest confidantes,” said one insider.“It is a big win for President Trump’s America First economic agenda on the international stage.”The nomination is expected to be rubber-stamped by Georgieva, sources said, because an American has traditionally held the No.

2 role at the IMF.There is a vacancy as first deputy managing director because Gita Gopinath, nominated by the Biden administration, quit her job at the end of last month to return to Harvard.“The Fund is expected to make the formal announcement this Friday that Dan is their pick for (this role,” said one source briefed on the situation.“A two-week comment period follows this announcement, after which Dan would be formally appointed by Kristalina Georgieva,” the person, who was not authorized to speak to the media, added.A Treasury spokesperson declined to comment.

The Post has approached the IMF for comment.The Yale graduate and Goldman Sachs alum, who also served in the first Trump administration, played a key role in thrashing out the US’s economic partnership deal with Ukraine and is seen as Bessent’s point man on China.Katz also has personal ties with the world of global finance: Lord Mervyn King, the former governor...

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Publisher: New York Post

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