Treasury Department official Luke Pettit leaving for private sector
The Hill · September 29, 2026Original source ↗
What happened
Luke Pettit, who helped develop investment accounts for children during the Trump administration, is expected to leave the Treasury Department for the private sector. He will depart in October, according to a report by Axios. The Hill has contacted the Treasury Department for confirmation.
Why it matters
This transition could impact ongoing financial initiatives related to childhood investment accounts.
How this story affects people
How does this story affect you if you are a parent considering investment accounts for your children?
Pettit's departure could slow down or alter the direction of ongoing financial initiatives related to childhood investment accounts. This may impact your ability to access new or improved options for saving and investing for your child's future.
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