Trump taps Wall Street veteran for powerful Treasury role

Posted on April 29, 2026
By Business News Today
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In brief

President Trump has formalized G. Hunter McMaster II's appointment as Assistant Treasury Secretary for Financial Markets, solidifying his leadership in the financial sector oversight. Drawing on his extensive experience as a trading executive at Key Square Group and previous roles advising Treasury leadership, McMaster brings substantial expertise to financial market regulation. His interim tenure since July demonstrated readiness for this influential position, which shapes Treasury policy on market operations and financial stability.

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Trump taps Wall Street veteran for powerful Treasury role

President Trump has nominated G. Hunter McMaster II as Assistant Treasury Secretary for Financial Markets, a role he has been performing since July. McMaster, formerly trading chief at Key Square Group, previously served as Director of Policy and Planning and counselor to the Treasury Secretary. The Treasury Department also announced other key appointments, including Quinn Gabriel as White House liaison.