Tom Krause

Education Krause earned a B.A. in economics from Princeton University. He later worked at venture capital firm Technology Crossover Ventures for two years before serving as vice president of business development at Techwell for six years. In 2020, he was appointed president of Broadcom's software group, overseeing six software divisions. He participated in negotiations for Broadcom's $61 billion acquisition of VMware and was involved in assessing VMware's research and development expenditures. A year later it laid off an additional 12 percent.

In January 2025, Krause became involved with the U.S. Treasury Department as part of the Department of Government Efficiency (DOGE). According to Secretary Scott Bessent, Krause's DOGE involvement was for auditing purposes and included "read-only" access to the coded data of the payment system. On February 7, 2025, he was appointed as the Fiscal Assistant Secretary of the Treasury, the highest-ranking non-political position in this office, succeeding Matthew Garber who had been acting in the role since David Lebryk's resignation. Krause's position at the Treasury included oversight of "U.S. debt, management of large-scale tech systems and handling of the federal debt limit."

In late March 2025, Krause reported extensive financial holdings in companies doing business with the Treasury Department and other executive agencies including those providing services to Treasury's fiscal services bureau, those participating in Treasury bond auctions the bureau manages, government contractors and large technology firms. Krause and two other members of the Treasury DOGE team also reported owning shares in Intuit, parent company of TurboTax, which has lobbied against Treasury's IRS Direct File program, a program DOGE had targeted for elimination. These holdings raised ethics concerns among former Treasury officials and government oversight experts, though a Treasury spokesperson stated all involved were following government ethics rules.

Krause's departure from the Department of Treasury was effective on June 6, 2025.