The United States secretary of the treasury is the head of the United States Department of the Treasury,and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy. The secretary is,by custom,a member of the president's cabinet and,by law,a member of the National Security Council,and high in the U.S. presidential line of succession.
The chairman of the Board of Governors of the Federal Reserve System is the head of the Federal Reserve,and is the active executive officer of the Board of Governors of the Federal Reserve System. The chairman presides at meetings of the Board.
Janet Louise Yellen is an American economist serving as the 78th United States secretary of the treasury since January 26,2021. She previously served as the 15th chair of the Federal Reserve from 2014 to 2018. She is the first woman to hold either post,and has also led the White House Council of Economic Advisers. Yellen is the Eugene E. and Catherine M. Trefethen Professor of Business Administration and Economics at the University of California,Berkeley.
Denise Campbell Bauer is an American diplomat serving as the United States ambassador to France and Monaco. Bauer served as Ambassador of the United States to Belgium from 2013 to 2017. After being nominated by President Barack Obama,she was confirmed unanimously by the U.S. Senate on August 2,2013;she was sworn in the following August 7. She left office on January 20,2017. A member of the Democratic Party,she was the executive director of Women for Biden.
Lael Brainard is an American economist serving as the 14th director of the National Economic Council since February 21,2023. She previously served as the 22nd vice chair of the Federal Reserve between May 2022 and February 2023. Prior to her term as vice chair,Brainard served as a member of the Federal Reserve Board of Governors,taking office in 2014. Before her appointment to the Federal Reserve,she served as the under secretary of the treasury for international affairs from 2010 to 2013.
Sarah Bloom Raskin is an American attorney and financial markets policymaker who served as the 13th United States Deputy Secretary of the Treasury from 2014 to 2017. Raskin previously served as a member of the Federal Reserve Board of Governors from 2010 to 2014. She also was Maryland Commissioner of Financial Regulation. She was a Rubenstein Fellow at Duke University. She is currently the Colin W. Brown Distinguished Professor of the Practice of Law at Duke Law School. She is also a Senior Fellow at the Duke Center on Risk. She also serves as a Partner at Kaya Partners,Ltd.,a climate advisory firm.
Gina Marie Raimondo is an American businesswoman,lawyer,politician,and venture capitalist who has served since 2021 as the 40th United States secretary of commerce. A member of the Democratic Party,she served as the 75th governor of Rhode Island from 2015 to 2021,and was the first woman to serve in the role.
Claire D. Cronin is an American attorney,politician,and diplomat who currently serves as the United States Ambassador to Ireland. She previously served as a member of the Massachusetts House of Representatives from the 11th Plymouth district from 2013 to 2022. Cronin was the first woman to serve as House Majority Leader.
Jane Dorothy Hartley is an American businesswoman and diplomat,serving as the United States Ambassador to the United Kingdom since 2022 under the Biden administration. She previously served as the U.S. Ambassador to France and Monaco from 2014 to 2017 during the Obama administration.
Nani A. Coloretti is an American policy advisor who is currently serving as the deputy director of the Office of Management and Budget. Coloretti served as United States Deputy Secretary of Housing and Urban Development from 2014 to 2017. Following her service as deputy secretary,she became senior vice president for financial and business strategy and treasurer at the Urban Institute.
Jean Nellie Liang is an economist who currently serves as President Joe Biden's Under Secretary of the Treasury for Domestic Finance.
Lynne M. Tracy is an American diplomat who is the United States ambassador to Russia,serving since January 2023. She formerly served as the United States ambassador to Armenia from 2019 to 2022.
Alina L. Romanowski is an American career diplomat who has served as the United States Ambassador to Iraq since June 2022. She previously served as the United States Ambassador to Kuwait from February 2020 to April 2022.
Adewale O. "Wally" Adeyemo is an American government official serving as the United States deputy secretary of the treasury. He was the first president of the Obama Foundation and also served during the Obama administration as the deputy national security advisor for international economics from 2015 to 2016 and deputy director of the National Economic Council.
Joe Biden assumed office as president of the United States on January 20,2021. The president has the authority to nominate members of his Cabinet to the United States Senate for confirmation under the Appointments Clause of the United States Constitution.
Sarah Bianchi is an American political advisor and former investment analyst who served as deputy United States trade representative for Asia,Africa,Investment,Services,Textiles,and Industrial Competitiveness. Prior to her confirmation as deputy USTR,she was a senior managing director at Evercore ISI,a global investment banking advisory firm.
Marisa Lago is an American attorney serving as the Under Secretary of Commerce for International Trade. She previously served as director of the New York City Department of City Planning and chair of the City Planning Commission from 2017 to 2021. Before that,Lago served as assistant secretary for international markets and development in the United States Department of the Treasury from 2010 to 2017,and as president and chief executive officer of the Empire State Development Corporation from 2008 to 2009.
Jay C. Shambaugh is an American economist who has served as Under Secretary of the Treasury for International Affairs at the U.S. Department of the Treasury since January 2023.
