Trump Names Ken Kies and Samantha Schwab to Key Treasury Positions

The president-elect's appointments signal a push for major tax policy changes and corporate tax cuts in 2025.

Ken Kies, a longtime Republican tax lobbyist and former chief of staff for the Joint Committee on Taxation, has been nominated as assistant secretary for tax policy at the Treasury Department.
Samantha Schwab, granddaughter of billionaire Charles Schwab, is set to serve as deputy chief of staff under Daniel Katz, who will lead the Treasury Department's staff as chief of staff.
The appointments come as Republicans prepare to extend 2017 tax cuts and propose additional corporate tax cuts, potentially lowering the corporate tax rate to 15%.
To offset the projected costs of these tax policies, Republicans are reportedly considering measures like tariffs, cuts to federal nutrition assistance, and new work requirements for Medicaid.
Trump also announced other key Treasury appointments, including Alexandra Preate as senior counsel and Hunter McMaster as director of policy planning.