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Treasury deputy‑undersecretary nominee pledges cooperation on implementing recent tax law
Summary
Derek Tyre, nominated for deputy undersecretary for legislative affairs at Treasury, told the Senate Finance Committee he will keep Congress informed implementing the recent tax law and work with members on guidance, while senators pressed on beginning‑of‑construction rules, biofuels credits and CDFI funding.
Derek Tyre, President Trump's nominee to be deputy undersecretary for legislative affairs at the Treasury Department, told the Senate Finance Committee he will work with members of Congress to implement provisions of the recently enacted tax legislation and pledged an open-door approach to oversight and guidance.
Tyre, who previously served as senior tax counsel for the House Ways and Means Committee and as a senior policy adviser to House leadership, said Treasury’s Office of Tax Policy will handle technical guidance and that he would facilitate consultation between Treasury and Congress.
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