Bloomberg reports that John Hurley, the Treasury’s undersecretary for terrorism and financial intelligence, is set to depart the role amid friction with Treasury Secretary Scott Bessent, according to people familiar with the matter. The expected departure of the Trump administration’s top sanctions official comes as US sanctions play an increasingly pivotal role for international investors, global energy flows and geopolitical risk, and the likely change has raised questions among current and former officials about stability inside the Treasury Department, Bloomberg reports.
