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 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 ...

responsible for advising the

Secretary of the Treasury 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 a ...

on matters of international finance and economic coordination, and overseeing U.S. participation in

international financial institutions An international financial institution (IFI) is a financial institution that has been established (or chartered) by more than one country, and hence is subject to international law. Its owners or shareholders are generally national governments, a ...

. The Assistant Secretary is appointed by the

President President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university * President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese ...

and confirmed by the

Senate A senate is a deliberative assembly, often the upper house or chamber of a bicameral legislature. The name comes from the ancient Roman Senate (Latin: ''Senatus''), so-called as an assembly of the senior (Latin: ''senex'' meaning "the el ...

. The office is currently vacant.

Overview

The Assistant Secretary is in charge of the Office of International Finance and Development, one of two principal components of the Office of International Affairs within the U.S. Department of the Treasury. He or she oversees seven deputies each with their own Deputy Assistant Secretary, over a dozen offices, and more than 100 personnel. Occupants also hold the rank of Deputy Under Secretary / Designated Assistant Secretary.

Structure

The Deputy Under Secretary / Designated Assistant Secretary reports to the Under Secretary for International Finance and oversees work by the following senior officials: * Deputy Assistant Secretary for International Monetary Policy * Deputy Assistant Secretary for International Debt and Development * Deputy Assistant Secretary for International Economic Analysis * Deputy Assistant Secretary for Technical Assistance * Deputy Assistant Secretary for Africa and the Middle East * Deputy Assistant Secretary for Asia * Deputy Assistant Secretary for Europe and Eurasia * Deputy Assistant Secretary for the Western Hemisphere

Duties

The Assistant Secretary leads the development and implementation of policies in the areas of

international finance International finance (also referred to as international monetary economics or international macroeconomics) is the branch of financial economics broadly concerned with monetary and macroeconomic interrelations between two or more countries. Inter ...

economic development In the economics study of the public sector, economic and social development is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and ...

, bilateral and regional economic engagement, and international debt. The Assistant Secretary also oversees G-7 and

G-20 The G20 or Group of Twenty is an intergovernmental forum comprising 19 countries and the European Union (EU). It works to address major issues related to the global economy, such as international financial stability, climate change mitigation, ...

coordination, currency policy, and serves as an economic emissary to foreign governments. It also leads the development of policies on U.S. participation in the

International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster glo ...

, the

World Bank The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Inte ...

, and the other multilateral development banks (including the

Inter-American Development Bank The Inter-American Development Bank (IDB or IADB) is an international financial institution headquartered in Washington, D.C., United States of America, and serving as the largest source of development financing for Latin America and the Carib ...

, the

African Development Bank The African Development Bank Group (AfDB) or (BAD) is a multilateral development finance institution headquartered in Abidjan, Ivory Coast, since September 2014. The AfDB is a financial provider to African governments and private companies ...

, the

Asian Development Bank The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, which is headquartered in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines. The bank also maintains 31 field of ...

, and the

European Bank for Reconstruction and Development The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded in 1991. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies. Initially fo ...

List of Assistant Secretaries for International Finance, 1977—present

References

{{DEFAULTSORT:International Finance and Development Assistant Secretary Of The Treasury

Overview

Structure

Duties

List of Assistant Secretaries for International Finance, 1977—present

See also

References