A United States Assistant Secretary of the Treasury is one of several positions in the United States Department of the Treasury, serving under the United States Secretary of the Treasury.
A United States Assistant Secretary of the Treasury is one of several positions in the United States Department of the Treasury, serving under the United States Secretary of the Treasury.
According to U.S. statute, there are eight Assistant Secretaries of the Treasury appointed by the President of the United States with the advice and consent of the United States Senate. There are two more Assistant Secretaries (Public Affairs and Management), appointed by the President, which do not require confirmation. Additionally there are two Deputy Under Secretaries of the Treasury (Legislative Affairs, and International Finance and Development) that may also be and typically are designated Assistant Secretaries by the President. [1] Furthermore The Emergency Economic Stabilization Act of 2008 specified that one Assistant Secretary take on a specific role: Assistant Secretary of the Treasury for Financial Stability. [2] This role was abolished in June 2014 with the resignation of Timothy Massad. According to statute, the Fiscal Assistant Secretary is appointed by the United States Secretary of the Treasury. [3]
The assistant secretary positions are:
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.
The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States, where it serves as an executive department. The department oversees the Bureau of Engraving and Printing and the U.S. Mint. These two agencies are responsible for printing all paper currency and minting coins, while the treasury executes currency circulation in the domestic fiscal system. The USDT collects all federal taxes through the Internal Revenue Service; manages U.S. government debt instruments; licenses and supervises banks and thrift institutions; and advises the legislative and executive branches on matters of fiscal policy. The department is administered by the secretary of the treasury, who is a member of the Cabinet. The treasurer of the United States has limited statutory duties, but advises the Secretary on various matters such as coinage and currency production. Signatures of both officials appear on all Federal Reserve notes.
The treasurerof Australia, also known as the Federaltreasurer or simply the treasurer, is the minister of state of the Commonwealth of Australia charged with overseeing government revenue collection, federal expenditure and economic policy as the head of the Department of the Treasury. The current treasurer is Jim Chalmers, who was appointed by Prime Minister Anthony Albanese in May 2022 following the 2022 Australian federal election.
The Office of Intelligence and Analysis (OIA) is a component of the United States Department of the Treasury responsible for the receipt, analysis, collation, and dissemination of foreign intelligence and counterintelligence information related to the operation and responsibilities of the Treasury Department.
The Under Secretary of the Treasury for Domestic Finance is a high-ranking position within United States Department of the Treasury that reports to, advises, and assists the Secretary of the Treasury and the Deputy Secretary of the Treasury. The under secretary leads the department's policy on the issues of domestic finance, fiscal policy, fiscal operations, government assets, government liabilities, and other related economic and fiscal matters.
The Under Secretary of the Treasury for International Affairs is a high-ranking position within United States Department of the Treasury that reports to, advises, and assists the Secretary of the Treasury and the Deputy Secretary of the Treasury on international economic issues and is often referred to as the U.S. Treasury’s top economic diplomat. As of January 13, 2023, the under secretary is Jay Shambaugh.
Executive Schedule is the system of salaries given to the highest-ranked appointed officials in the executive branch of the U.S. government. The president of the United States appoints individuals to these positions, most with the advice and consent of the United States Senate. They include members of the president's Cabinet, several top-ranking officials of each executive department, the directors of some of the more prominent departmental and independent agencies, and several members of the Executive Office of the President.
Salvatore Antonio "Tony" Fratto was deputy assistant and deputy press secretary to former United States President George W. Bush.
The Under Secretary of Agriculture for Farm and Foreign Agricultural Services was the third-ranking official in the United States Department of Agriculture prior to reorganization of several mission areas, announced on May 11, 2017. The mission area of USDA's purpose was to "help to keep America's farmers and ranchers in business as they face the uncertainties of weather and markets..." and that "...deliver[s] commodity, credit, conservation, disaster, and emergency assistance programs that help improve the stability and strength of the agricultural economy." The Under Secretary was traditionally appointed to serve as the President of the Commodity Credit Corporation.
The Office of Financial Markets is an office of the United States federal government in the United States Department of the Treasury. OFM serves as the department's advisor on broad matters of domestic finance, financial markets, Federal, State and local finance, Federal Government credit policies, lending and privatization.
The U.S.–China Strategic and Economic Dialogue (S&ED) was a high-level dialogue for the United States and China to discuss a wide range of regional and global strategic and economic issues between both countries. The establishment of the S&ED was announced on April 1, 2009, by U.S. President Barack Obama and Chinese President Hu Jintao. The upgraded mechanism replaced the former Senior Dialogue and Strategic Economic Dialogue started under the George W. Bush administration. High-level representatives of both countries and their delegations will met annually at capitals alternating between the two countries.
The Assistant Secretary of the Treasury for Financial Institutions is an official in the United States Department of the Treasury who is the head of the Office of Financial Institutions. The office "helps formulate policy on financial institutions and government-sponsored enterprises, cybersecurity and critical infrastructure protection." The post is currently held by Graham Steele, with President Joe Biden nominating him to lead the office on July 19, 2021.
The Assistant Secretary of the Treasury for Financial Markets is an official in the United States Department of the Treasury who heads the Office of Financial Markets. The office is currently held by Joshua Frost.
According to statute, the Fiscal Assistant Secretary is appointed by the United States Secretary of the Treasury. The Fiscal Assistant Secretary is the highest ranking career official in the Department of the Treasury. The Fiscal Service, which the Fiscal Assistant Secretary heads, includes the Bureau of Government Financial Operations (which since 1984 has been known as the Financial Management Service and the Bureau of the Public Debt.
The Assistant Secretary of the Treasury for Legislative Affairs is the head of the Office of Legislative Affairs in the United States Department of the Treasury. The role may be signated as Deputy Under Secretary of the Treasury for Legislative Affairs. The office "advises the Secretary on congressional relations matters in order to assist in the formulation of policy and determining the overall direction of the Department. [It] serves as the principal contact and coordinator for all Department interaction with the Congress and the Congressional Relations offices in the White House and other Departments and agencies."
The Mexican Debt Disclosure Act is a law of the United States formulating congressional oversight and monetary policy, through reports of the US president and the US treasury, to support the strength of the 1995 peso currency of Mexico; all resulting from speculative capital flight and the Mexican peso crisis of 1994. The Act required the submission of monthly reports by the United States Secretary of the Treasury concerning all international guarantees, long-term, and short-term currency swaps with the federal government of Mexico. The U.S. Congressional bill required the submission of semi-annual reports by the President of the United States concerning presidential certifications of all international credits, currency swaps, guarantees, and loans through the exchange stabilization fund to the government of Mexico.
The Deputy Under Secretary / Designated Assistant Secretary of the Treasury for International Finance is a senior position within the United States Department of the Treasury responsible for advising the Secretary of the Treasury on matters of international finance and economic coordination, and overseeing U.S. participation in international financial institutions. The Assistant Secretary is appointed by the President and confirmed by the Senate. The office is currently held by Brent Neiman.
Andrew P. Baukol is an American financial policy advisor who served as the acting United States secretary of the treasury for the first week of the Biden administration. Baukol served in an interim capacity until Biden's nominee, Janet Yellen, was confirmed by the United States Senate. He then became Treasury's acting Under Secretary for International Affairs.
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