The IMF has proposed appointing the US Treasury Department’s chief of staff as its new number-two official, the Washington-based lender said Thursday.

The selection of Dan Katz, which needs to be approved by the Fund’s executive board, would place a close confidant of Treasury Secretary Scott Bessent among the top ranks of an organization that has faced criticism from President Donald Trump’s administration.

If Katz is approved, his work as first deputy managing director is expected to start October 6.

AFP reported on Katz’s expected selection earlier this week. He told AFP in a statement that he remains focused on his current Treasury role for now.

If approved, he will replace Gita Gopinath, who left the IMF in August to return to Harvard University.

Katz, who is chief of staff at th

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