Assistant Secretary of the Treasury for International Markets

Last updated
Assistant Secretary of the Treasury for International Trade and Development
Flag of the United States Assistant Secretary of the Treasury.svg
Flag of an Assistant Secretary of the Treasury
Incumbent
G. Hunter McMaster II (Acting)
since July 29, 2025
Department of the Treasury
Style The Honorable
Reports to Under Secretary of the Treasury for International Affairs
Nominator President of the United States
Constituting instrument Foreign Investment and National Security Act of 2007
FormationJuly 26, 2007
First holder Neel Kashkari
Salary$155,500 (2010) [1]
Website Official website

The Assistant Secretary of the Treasury for International Trade and Development is a senior official in the United States Department of the Treasury who heads a portfolio of the department's offices on international financial services issues, trade and investment policy, banking and securities, and U.S. relations with multilateral development banks. [2] [3]

Contents

The position was created on July 26, 2007, as part of the Foreign Investment and National Security Act of 2007. The position has changed names twice: it was originally called Assistant Secretary of the Treasury for International Affairs, then changed to Assistant Secretary of the Treasury for International Markets and Development, before settling on its current name.

The Assistant Secretary is appointed by the President and confirmed by the Senate.

List of Assistant Secretaries of the Treasury for International Trade and Development

NameAssumed officeLeft office President appointed by Secretary served under
Neel Kashkari [4] July 2008May 1, 2009 George W. Bush Henry Paulson
Marisa Lago [5] February 2010 [6] January 20, 2017 [7] Barack Obama Timothy Geithner
Jack Lew
Heath Tarbert [8] October 10, 2017July 15, 2019 Donald Trump Steven Mnuchin
Mitchell Silk [9] July 15, 2019January 20, 2021
Alexia Latortue January 13, 2022January 20, 2025 Joe Biden Janet Yellen
Brian Smith (Acting)January 20, 2025July 29, 2025 Donald Trump Scott Bessent
G. Hunter McMaster II (Acting)July 29, 2025Present Donald Trump Scott Bessent

See also

References

  1. "David Samuel Cohen". Search Federal Pay. Feds Data Center. Retrieved 29 April 2016.
  2. "International Affairs | U.S. Department of the Treasury". home.treasury.gov. Retrieved May 19, 2020.PD-icon.svg This article incorporates text from this source, which is in the public domain .
  3. "First-ever hassidic Jew appointed as US assistant secretary". The Jerusalem Post . 22 April 2020. ISSN   0792-822X . Retrieved May 19, 2020.
  4. "PN1044 — Neel T. Kashkari — Department of the Treasury". U.S. Congress. 27 June 2008. Retrieved January 25, 2021.
  5. "PN1010 — Marisa Lago — Department of the Treasury". U.S. Congress. 11 February 2010. Retrieved January 25, 2021.
  6. Hearing before the Committee on Finance (PDF). U.S. Senate. p. 22. Retrieved January 20, 2021.
  7. "Lago, Marisa". OpenSecrets.
  8. "PN173 — Heath P. Tarbert — Department of the Treasury". U.S. Congress. 27 September 2017. Retrieved January 26, 2021.
  9. "Mitchell A. Silk | U.S. Department of the Treasury". home.treasury.gov. Archived from the original on August 15, 2020. Retrieved May 19, 2020.