Anna Escobedo Cabral

Last updated

Anna Escobedo Cabral
Anna Escobedo Cabral, official Treasury photo.jpg
Official portrait
42nd Treasurer of the United States
In office
January 19, 2005 January 20, 2009
President George W. Bush
Preceded by Rosario Marin
Succeeded by Rosa Gumataotao Rios
Personal details
Born (1959-10-12) October 12, 1959 (age 61)
San Bernardino, California
Political party Republican
Spouse(s)Victor G. Cabral
Alma mater University of California, Davis (BA)
Harvard University (MPA)
George Mason University (JD)
Cabral's signature, as used on American currency Anna Escobedo Cabral sig.jpg
Cabral's signature, as used on American currency

Anna Escobedo Cabral (born October 12, 1959) [1] is an American politician who serves as the Unit Chief for Strategic Communications in the External Relations Division of the Inter-American Development Bank (IDB). Prior to joining the bank, Cabral served as the 42nd Treasurer of the United States from January 19, 2005 to January 20, 2009. She became the highest-ranking Latina in the George W. Bush administration after the resignation of Rosario Marin.


Early life

Cabral, a second-generation Mexican-American, was born in San Bernardino, California to Francisco Escobedo and Teresa Beltran. Her father's family had come to the United States from Mexico in the early 1900s as did her maternal grandmother. Alfred Escobedo, her paternal grandfather, also participated in the Bracero Program. Cabral's maternal grandfather was a Native American, born and raised on a reservation in Southern California and her maternal grandmother was from Mexico. [2] [3] [4]

The oldest of five children, Cabral managed to attend Burbank Elementary School in the 1960s despite her family's hectic schedule: her father picked the fields of the Santa Clara Valley and both parents obtained various types of employment throughout the San Bernardino and Riverside counties. [5] By the time Cabral entered high school, the family had moved 20 times. [6]

At very early ages, Cabral and her siblings had to collect scrap metal and salvage old motor parts with their father that they would then sell to help the family survive. Her father had seriously injured his back, significantly impacting his ability to provide. [7] [8] Her mother worked several jobs, so, as the eldest child, Cabral often had the additional responsibility of caring for her siblings. [9]

By age 16, Cabral was already on track to finishing high school early; after graduation, she intended to find a full-time job to help her parents financially. Her math teacher, Philip Lamm, convinced her instead to consider higher education. Lamm, she recalled in a later interview, "hand wrote the application. He told me that this was a better plan and found scholarship money for me to go to college." Lamm also helped her overcome her family's initial misgivings. [6] [7] [8]

Cabral initially attended the University of California at Santa Cruz majoring in political science. In her sophomore year, she met Victor Cabral, a law student at the University of California, Davis; not long after this, she transferred to Davis. Between her sophomore and junior years, the couple was married and Cabral soon left school for a few years to raise a family. During this time, she also managed her husband's law firm.

Cabral eventually returned to the University and graduated in 1987 with a bachelor's degree in political science. After considering several graduate schools, Cabral enrolled in a joint-degree program with the John F. Kennedy School of Government at Harvard University and the Boalt Hall School of Law at UC Berkeley. She and her family moved to Massachusetts. However, halfway through the program, Cabral decided to withdraw in order to take care of family needs. In 1990, she obtained her Master of Public Administration degree from Harvard. [3] [4] [9] [10] She eventually completed her Juris Doctor degree at George Mason University School of Law in 2008. [11]

Public career

In 1990, Cabral's husband obtained a job with the Justice Department; the rest of the family moved with him to Washington, D.C. [3] The following year, Cabral became Executive Staff Director of the Task Force on Hispanic Affairs in the Senate Republican Conference. In this capacity, she managed a caucus of 25 U.S. Senators working on issues related to the Hispanic community. [12]

Cabral's work came to the attention of Senator Orrin G. Hatch, who was chair of the Task Force as well as chairman of the Senate Judiciary Committee. [9] In 1993, in addition to her work with the Republican Conference, Cabral assumed the post of Deputy Staff Director for the committee, helping it to oversee federal judicial nominations as well as various Justice-related legislation.

After several years, Cabral left government service but remained in the public sector. In 1999, she was hired as president and CEO of Hispanic Association on Corporate Responsibility. A Washington, D.C.-based nonprofit coalition of 16 of the largest Hispanic organizations in the nation, HACR worked with Fortune 500 companies to increase Hispanic representation in employment, procurement, philanthropy, and governance. Under Cabral's leadership, HACR published a best practices series, and instituted a partnership with Harvard Business School to provide executive training programs in Corporate Governance Best Practices to community leaders. [12] [13]

Cabral participated on a number of advisory panels during this time. In 2002, she was appointed by President George W. Bush to his Council on the 21st Century Workplace, providing guidance to the White House and the Department of Labor on work-related issues. That same year, she was named to a two-year term on the Diversity Council of the Premier Automotive Group, an outreach effort of the Ford Motor Company. She also served on the boards of the Sewall–Belmont House and Museum, a historic center commemorating women's suffrage, and Martha's Table, a nonprofit that assists the less fortunate to better themselves through volunteer activities. [13]

In 2003, Cabral was named Director of the Center for Latino Initiatives at the Smithsonian Institution. While at the center, she led a pan-institutional effort to improve Latino representation in exhibits and public programming among the Institution's 19 museums, five research centers, and the National Zoo. [9] [12]

Cabral was nominated for the post of U.S. Treasurer by President Bush on July 22, 2004 and confirmed by the U.S. Senate on November 20. [12]

U.S. Treasurer

U.S. Treasurer provides signature for new US Currency, April 2005 AnnaEscobedoCabral.jpg
U.S. Treasurer provides signature for new US Currency, April 2005

Cabral was sworn in on January 19, 2005 becoming the highest-ranking Latina in the Bush Administration and ending a seventeen-month vacancy in the office brought about by the resignation of Rosario Marin. [4] [14] John W. Snow, the Secretary of the Treasury, presided over the ceremony which was also attended by Alberto Gonzales, the chief White House Counsel who had just been nominated as the first Hispanic Attorney General. [15] The first currency with Cabral's signature was printed in April the same year. [16]

While Treasurer, Cabral oversaw the latest infusion of new currency designed to defeat counterfeiting efforts. She also served during the Hurricane Katrina incident along the southern coast. In the wake of the disaster, Cabral dedicated much of her time in developing methods to help people affected in rebuilding and managing their financial well-being. She also provided advice and counsel to the Treasury Department in its efforts to provide economic assistance to devastated areas. [7]

Despite a heavy work schedule and numerous speaking engagements, Cabral returned to school in order to obtain her juris doctorate. She was inspired in this move by her mother, who returned to school at age 52 to get her diploma. In 2005, she began taking night courses at the Arlington campus of the George Mason University School of Law. In her second year, her daughter Catalina was a fellow George Mason student. [4] [17]

Cabral's expertise in financial education was also tapped by the Treasury Department. In 2007, she was named by Treasury Secretary Henry M. Paulson as his representative to the Community Development Advisory Board. The Board's purpose is to advise the Department on the use of funds, tax credits, and investment capital in distressed communities across the nation. [18] In June of that year, Cabral co-hosted the Pathways to Hispanic Family Learning conference with Secretary of Education Margaret Spellings. The meeting resulted in a new program, led by the White House Initiative on Educational Excellence for Hispanic Americans, that developed tools for financial literacy and provided resources to Hispanic families seeking academic success for their children. [19]

When Cabral was appointed Treasurer the banknote series was changed from series 2003 to series 2003A to indicate that a new Treasurer had been appointed, but not a new Secretary of the Treasury. Her signature appeared on all of the series 2003A and series 2006 banknotes which began production in May 2005. While her 5-year term as Treasurer ended on January 20, 2009 with the beginning of the Obama Administration, her signature continued to appear on the series 2006A $100 banknote, which was printed until May 2013, pending the resolution of production problems with the new color $100 banknote. [20] [21]

Cabral is employed with the Inter-American Development Bank as a senior advisor. [22]


Cabral is married to Victor G. Cabral. After working with the Justice Department, Victor had been vice president for government and Hispanic relations with Verizon and, from 2003 to 2009, senior counsel for NBC Universal/Telemundo in the Government Relations department. Today he is a partner in the Public Advocates lobbying firm. [23]

Cabral began her family while still in college, causing her to delay her education by several years. She had her first child, Raquel, by the age of 20 with the remainder coming in the following five years. When she returned to school and to work, Cabral brought some of her children along. She recalls that while on Capitol Hill, her kids would fish for loose change at the vending machines: "They'd routinely come up with $20 or $30." At Harvard, her son Victor—then three years old—would ask her professor questions despite her best efforts to quiet him. [3] [6]

Cabral is also an accomplished seamstress, having sewed her children's clothes when younger in order to save money. She made the gowns for her three daughters' weddings (prominent Republican consultant Leslie Sanchez did the flower arrangements) for the eldest two daughters' weddings. [3] [24]

The Cabrals have five children: Raquel Cabral Terry (married to Adam Terry), Viana Cabral Greene (married to Joseph Milton Greene, III), Edy Cabral, Catalina Cabral McCarthy (married to Brendan McCarthy), and Victor Christopher Cabral. Additionally, they have four grandchildren, Lilyana Cabral Greene, Joseph Milton Greene IV, Vivienne Greene, and Henry Matthew Sours. [ citation needed ]

Three of Cabral's daughters have followed her into government service. In 2005, Raquel Cabral served in the Bush White House, the Department of Energy, and the United States Department of Justice while Viana Greene worked for the Senate Judiciary Committee and Catalina Cabral worked at both the Bush White House and the Department of Justice. [4] In July 2008, Cabral became the deputy director of the White House Initiative on Educational Excellence for Hispanic Americans. [25]

See also


  1. United States Congress Senate Committee on Finance (2005). Nomination of Anna Escobedo Cabral: Hearing Before the Committee on Finance, United States Senate, One Hundred Eighth Congress, Second Session, on the Nomination of Anna Escobedo Cabral to be U.S. Treasurer, U.S. Department of the Treasury, October 8, 2004. U.S. Government Printing Office. p. 8. ISBN   978-0-16-074693-2.
  2. Committee on Finance, United States Senate, "Nomination of Anna Escobedo Cabral to be U.S. Treasurer," Archived August 5, 2009, at the Wayback Machine S. HRG. 108-811: Hearing Before the Committee on Finance, United States Senate, One Hundred Eighth Congress, Second Session (October 8, 2004).
  3. 1 2 3 4 5 Barbara Hagenbaugh, "Treasurer promotes value of education," USA Today (November 14, 2006).
  4. 1 2 3 4 5 Fresia Rodriguez Cadavid, "An Autograph to Treasure," Archived August 29, 2008, at the Wayback Machine Latina Style Magazine (January/February 2005).
  5. Irma Lemus, "From local fields to D.C.," The Sun (May 19, 2005).
  6. 1 2 3 Rebecca Christian, "U.S. Treasurer credits a teacher for her success...", Telegraph-Herald (August 26, 2006).
  7. 1 2 3 "The money maker: Anna Escobedo Cabral, U.S. Treasurer'" Latino Leaders (October 1, 2005). Via Highbeam Research. Accessed on June 26, 2006.
  8. 1 2 Michael Hooper, "Newly minted treasurer offers recipe for success- American dream found," The Topeka Capital-Journal (September 16, 2005): 1.
  9. 1 2 3 4 ""Anna Escobedo Cabral: a presence at the Smithsonian.(My Style)(Biography)," Latino Leaders (October 1, 2004). Ferraez Publications of America Corp. 2004 (via HighBeam Research). Accessed on June 28, 2009.
  10. United States Department of the Treasury, "Anna Escobedo Cabral". Archived from the original on February 25, 2005. Retrieved August 12, 2009.Treasury Officials (archived). Accessed on August 11, 2009.
  12. 1 2 3 4 Office of Public Affairs, U.S. Department of the Treasury, "Anna Escobedo Cabral Sworn in as U.S. Treasurer," Archived June 27, 2009, at the Wayback Machine (press release) JS-2203 (January 19, 2005).
  13. 1 2 Hispanic PR Wire-US Newswire, "Smithsonian Names Anna Escobedo Cabral Director of the Institution's Center for Latino Initiatives," (June 9, 2003).
  14. United States Department of the Treasury, "Treasurers of the U.S.," Archived July 27, 2009, at the Wayback Machine History the Treasury. Accessed on June 28, 2009.
  15. "Cabral Sworn in As Treasurer," (January 19, 2005).
  16. "New U.S. treasurer gets her name on the currency," Associated Press (April 26, 2005). Via the Union-Tribune.
  17. Lee Benson, "U.S. official treasures basketball," Deseret News (March 29, 2006).
  18. Bill Luecht, "Treasurer Cabral Appointed As Treasury Designee To Community Development Advisory Board," (press release) US Federal News Service (March 22, 2007).
  19. White House Initiative on Educational Excellence for Hispanic Americans "Partnership for Hispanic Family Learning." Archived May 17, 2009, at the Wayback Machine Accessed on August 18, 2009.
  20. David Goldman, "Who is Signing Your Money?" CNN (July 28, 2009).
  21. Bureau of Engraving and Printing, Monthly Production Figures. Accessed June 11, 2015.
  22. "Media Advisory: AARP & LULAC Present Free Health And Economy Forum," (press release) (March 25, 2009).
  23. "NAB 100-Day DTV Countdown Press Conference: Speaker Biographies (in order of appearance)", (November 10, 2008): 2.
  24. Bree Hocking, "From Republican Insider to Martha Stewart Confidant?" Roll Call (September 13, 2005).
  25. White House Initiative on Educational Excellence for Hispanic Americans, "Raquel Cabral Sours," Archived May 12, 2009, at the Wayback Machine (archived) White House Initiative Staff. Accessed on July 27, 2009.

Political offices
Preceded by
Rosario Marin
Treasurer of the United States
Succeeded by
Rosa Gumataotao Rios

Related Research Articles

The Treasurer of the United States is an official in the United States Department of the Treasury who was originally charged with the receipt and custody of government funds, though many of these functions have been taken over by different bureaus of the department.

Kay Bailey Hutchison American politician

Kay Bailey Hutchison is an American attorney, television correspondent, politician, diplomat and the 22nd United States Permanent Representative to NATO from 2017 until 2021. A member of the Republican Party, she previously was a United States Senator from Texas from 1993 to 2013.

Hilda Solis 25th United States Secretary of Labor

Hilda Lucia Solis is an American politician and a member of the Los Angeles County Board of Supervisors for the 1st district. Solis previously served as the 25th United States Secretary of Labor from 2009 to 2013, as part of the administration of President Barack Obama. She is a member of the Democratic Party and served in the United States House of Representatives from 2001 to 2009, representing the 31st and 32nd congressional districts of California that include East Los Angeles and the San Gabriel Valley.

Linda Sánchez

Linda Teresa Sánchez is an American politician and former labor lawyer who currently serves as the U.S. Representative for California's 38th congressional district. She is a member of the Democratic Party and was first elected to Congress in 2002. She currently serves on the Ways and Means Committee and is the previous ranking member on the House Ethics Committee. In the 114th Congress, she served as the Chair of the Congressional Hispanic Caucus.

Rosario Marin

Rosario Marin is a Mexican-American politician who served as the 41st Treasurer of the United States from August 16, 2001, to June 30, 2003, serving under President George W. Bush. She is the first person since William Clark to assume the post without having been born a United States citizen. She is the only foreign-born Treasurer of the United States.

Katherine D. Ortega

Katherine Dávalos Ortega was the 38th Treasurer of the United States. She served from September 26, 1983 to July 1, 1989 under Presidents Ronald Reagan and then George H. W. Bush. Ortega also has the distinction of being the first female bank president in the state of California.

Angela Marie "Bay" Buchanan is a conservative political commentator who served as Treasurer of the United States under President Ronald Reagan. She is the sister of conservative political commentator Pat Buchanan.

Stephen F. Austin High School (Austin, Texas) High school in Austin, Texas, United States

Stephen F. Austin High School, more commonly known as Austin High, is a public high school in Austin, Texas, United States, and part of the Austin Independent School District (AISD). Founded in 1881, it is one of the oldest public high schools west of the Mississippi River, and was the one of the first public high schools in the state of Texas.

Catalina Vasquez Villalpando American government official

Catalina "Cathi" Vásquez Villalpando is the 39th Treasurer of the United States who served from December 11, 1989, to January 20, 1993 under President George H. W. Bush and is the only U.S. Treasurer ever to be sent to prison. She had held minor positions under President Ronald Reagan and had chaired the Republican National Hispanic Assembly. In 1994, Villalpando was found guilty of obstruction of justice and tax evasion.

Consuelo Callahan American judge

Consuelo María Callahan is a United States Circuit Judge of the United States Court of Appeals for the Ninth Circuit.

Sara Martinez Tucker is a former chief executive officer of the National Math and Science Initiative. She was formerly the under secretary of education at the U.S. Department of Education and a former president and chief executive officer of the Hispanic Scholarship Fund (HSF). She is a member on the following boards of directors: American Electric Power, Xerox, Sprint, and the Council for Aid to Education. She also serves on the University of Notre Dame's Board of Trustees.

Kathleen Marie Marshall is an American lawyer and politician serving as the 35th Lieutenant Governor of Nevada. She is a member of the Democratic Party and was previously the Nevada State Treasurer. She was ineligible to run for a third term as treasurer in 2014 due to lifetime term limits established by the Nevada Constitution. She unsuccessfully ran for Nevada Secretary of State in 2014. In 2018, she was elected Lieutenant Governor.

Joe Torsella

Joseph M. Torsella is an American politician and former diplomat, who served as the Pennsylvania Treasurer from 2017 to 2021. He served as the U.S. Representative to the United Nations for Management and Reform from 2011 to 2014. He previously served as President and CEO of the National Constitution Center in Philadelphia from 1997 though 2003 and again from 2006 through 2008 and as the Chairman of the Pennsylvania State Board of Education from 2008 through 2011.

Leslie Sanchez

Leslie Sanchez is a Latina American author, political pundit affiliated with the Republican Party, and founder/CEO of Impacto Group LLC, a Washington, D.C.-based market research and consulting firm.

Jovita Carranza American businesswoman and government administrator

Jovita Carranza is an American businesswoman who served as the Administrator of the Small Business Administration from 2020 to 2021. She previously served as the 44th Treasurer of the United States from 2017 to 2020 after being appointed by President Donald Trump. Before that she served as the Deputy Administrator for the United States Small Business Administration from December 2006 to January 2009. Appointed by President George W. Bush, Carranza was unanimously confirmed by the U.S. Senate. Prior to her first appointment to the SBA, Carranza served as Vice President of Air Operations for United Parcel Service (UPS) at its facility in Louisville, Kentucky.

Rosa Gumataotao Rios American politician

Rosa "Rosie" Gumataotao Rios is an American academic. She served as the 43rd Treasurer of the United States and is a Visiting Scholar at the Radcliffe Institute for Advanced Study at Harvard University.

White House Initiative on Educational Excellence for Hispanics History of education in the United States

The White House Initiative on Educational Excellence for Hispanics is a multi-agency working group within the Department of Education charged with strengthening the nation's capacity to provide high quality education while increasing opportunities for Hispanic American participation in federal education programs. In addition, the Initiative serves as a resource for information related to closing the educational achievement gap for Hispanic Americans. Finally, the Initiative provides staffing to support and coordinate the mission of a President's Advisory Commission on Educational Excellence for Hispanics.

Latino Americans make up an increasing share of the United States (U.S.) electorate. A record 29 million Latinos were eligible to vote in the 2018 midterm elections, accounting for 12.8% of all eligible voters, a new high. They made up an estimated 11% of all voters nationwide on Election Day, nearly matching their share of the U.S. eligible voter population.

Katherine Archuleta

Katherine L. Archuleta is an American teacher and a political executive. She was the director of the United States Office of Personnel Management. President Barack Obama appointed her on May 23, 2013. She was sworn in on November 4, 2013. She had previously served as National Political Director for Obama's 2012 reelection campaign. Prior to that, she had been Executive Director of the National Hispanic Cultural Center Foundation in New Mexico, had co-founded the Latina Initiative, had worked at a Denver law firm, and had worked in the Clinton Administration as chief of staff to the Secretary of Transportation, Federico Peña. She became embroiled in controversy after the disclosure of a massive national security breach in June 2015. The hack involved the theft of millions of federal employee records and included security-clearance details dating back 15 years, which prompted lawmakers from both political parties to demand that she resign. On July 10, 2015, Archuleta tendered her resignation.