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Trump Accounts architect leaving Treasury for private sector: Report

Trump Accounts architect leaving Treasury for private sector: Report

Summary

Luke Pettit, who helped create new investment accounts for children under President Donald Trump’s administration, is leaving the U.S. Treasury Department in October to work in the private sector. The Treasury Department has not yet commented on his departure.

Key Facts

  • Luke Pettit designed the Trump administration’s investment accounts for children.
  • He works as an assistant secretary in the Treasury Department.
  • Pettit plans to leave the Treasury Department in October.
  • He will move to a job in the private sector.
  • Axios reported Pettit’s departure on Tuesday.
  • The Hill has asked the Treasury Department for a statement but has not received a response yet.
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