The Under Secretary of the Treasury for Domestic Finance is a high-ranking position within

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 ...

that reports to, advises, and assists 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 ...

and the

Deputy Secretary of the Treasury The United States Deputy Secretary of the Treasury, in the United States government, advises and assists the Secretary of the Treasury in the supervision and direction of the Department of the Treasury and its activities, and succeeds the Secret ...

. 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. Under Secretary

Mary J. Miller Mary John Miller (born July 19, 1955) is an American government official and political candidate who served as Under Secretary for Domestic Finance and a former Acting Deputy Secretary of the Treasury. In 2020, she announced her candidacy for Ma ...

announced she was stepping down from the position on June 12, 2014, and the position was officially vacant until July 2021. Matthew Rutherford served as acting Under Secretary until January 30, 2015. President

Barack Obama Barack Hussein Obama II ( ; born August 4, 1961) is an American politician who served as the 44th president of the United States from 2009 to 2017. A member of the Democratic Party (United States), Democratic Party, Obama was the first Af ...

nominated

Antonio Weiss Antonio Francesco Weiss (born September 28, 1966) is a policymaker, financier, and former publisher. He is currently a senior fellow at the Mossavar-Rahmani Center for Business and Government at Harvard’s Kennedy School. Weiss served as the Cou ...

for the position on November 13, 2014. Weiss was never confirmed by the Senate, and withdrew his nomination on January 12, 2015. On April 22, 2021 President Joe Biden nominated economist

Nellie Liang Jean Nellie Liang (born 1958) is an economist who currently serves as President Joe Biden's Under Secretary of the Treasury for Domestic Finance. Education Liang graduated from the University of Notre Dame with a B.A. in economics in 1979. ...

for Senate confirmation in the position. Liang was confirmed by the Senate on July 14, 2021.

Overview

The Under Secretary has oversight of the following: *

Assistant Secretary of the Treasury for Financial Institutions 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 institution ...

** Office of Financial Institutions ***Office of Financial Institutions Policy ***Office of Consumer Policy ***Office of Housing, Small Business, and Community Development ****

Community Development Financial Institutions Fund The Community Development Financial Institutions Fund (CDFI Fund) promotes economic revitalization in distressed communities throughout the United States by providing financial assistance and information to community development financial institut ...

Assistant Secretary of the Treasury for Financial Markets 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 U.S. statute, there ...

Office of Financial Markets 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 ...

***Office of Federal Finance ***Office of Government Financial Policy ***Office of Capital Markets *

Assistant Secretary of the Treasury for Financial Stability The Assistant Secretary of the Treasury for Financial Stability was the head of the Office of Financial Stability in the United States Department of the Treasury. The position was created on October 3, 2008 by the Emergency Economic Stabilization A ...

Office of Financial Stability The Assistant Secretary of the Treasury for Financial Stability was the head of the Office of Financial Stability in the United States Department of the Treasury. The position was created on October 3, 2008 by the Emergency Economic Stabilization ...

* Fiscal Assistant Secretary of the Treasury **

Office of Fiscal Service The Office of Fiscal Service (OFS) is an agency of the United States federal government in the United States Department of the Treasury. The office is led by the Fiscal Assistant Secretary of the Treasury. The Fiscal Assistant Secretary reports to t ...

***Office of Fiscal Operations and Policy ***Office of Accounting Policy ***

Bureau of the Fiscal Service The Bureau of the Fiscal Service (Fiscal Service) is a bureau of the U.S. Department of the Treasury. The Fiscal Service replaced the Bureau of the Public Debt and the Financial Management Service effective October 7, 2012 by directive of Treasu ...

List of Under Secretaries of the Treasury for Domestic Finance (Incomplete)

References

{{US Treasury agencies