The deputy secretary of the treasury of the United States 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 ...
in the supervision and direction of the
Department of the Treasury and its activities, and succeeds the Secretary in the secretary's absence, sickness, or unavailability. The Deputy Secretary plays a primary role in the formulation and execution of Treasury policies and programs in all aspects of the Department's activities.
In addition, the Deputy Secretary is the only official other than the secretary who can sign a Treasury order, which is a document that delegates authority residing in the secretary or Deputy Secretary to another Treasury official, establishes Treasury policy, and establishes the reporting relationships and supervision of officials. Former deputy secretaries include
Roger Altman
Roger Charles Altman (born April 2, 1946) is an American investment banker, the founder and senior chairman of Evercore, and a former Democratic politician. He served as
Assistant Secretary of the Treasury in the Carter administration from Jan ...
,
Lawrence Summers
Lawrence Henry Summers (born November 30, 1954) is an American economist who served as United States Secretary of the Treasury from 1999 to 2001 and as the director of the National Economic Council from 2009 to 2010. He also served as presiden ...
,
Stuart E. Eizenstat,
Kenneth W. Dam, and
Samuel Bodman
Samuel Wright Bodman III (born November 26, 1938 – September 7, 2018) was an American businessman, engineer, and politician who served as the 11th United States secretary of energy during the George W. Bush administration, from 2005 to 2009. He ...
.
The office of Deputy Secretary is the successor of the "Under Secretary of the Treasury", the former chief deputy to the secretary. Today, several officials hold the title of "Under Secretary" of the Treasury. Among those who served as under secretary when it was the number-two position in the department include
Dean Acheson
Dean Gooderham Acheson ( ; April 11, 1893October 12, 1971) was an American politician and lawyer. As the 51st United States Secretary of State, U.S. Secretary of State, he set the foreign policy of the Harry S. Truman administration from 1949 to ...
,
Henry Morgenthau Jr.
Henry Morgenthau Jr. (; May 11, 1891February 6, 1967) was the United States Secretary of the Treasury during most of the administration of Franklin D. Roosevelt. He played the major role in designing and financing the New Deal. After 1937, whil ...
,
John W. Hanes II, and
O. Max Gardner
Oliver Max Gardner (March 22, 1882February 6, 1947) was an American politician who served as the 57th governor of the U.S. state of North Carolina from 1929 to 1933. A member of the Democratic Party, Gardner worked in the administrations of Pr ...
(1946–1947).
The prior Deputy Secretary was
Justin Muzinich. President
Donald Trump
Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party (United States), Republican Party, he served as the 45 ...
announced his nomination of Muzinich on March 13, 2018. The nomination was confirmed by the
U.S. Senate
The United States Senate is a chamber of the bicameral United States Congress; it is the upper house, with the U.S. House of Representatives being the lower house. Together, the Senate and House have the authority under Article One of the ...
on a vote of 55–44.
List of deputy secretaries of the treasury
Status
References
{{DEFAULTSORT:United States Deputy Secretary Of The Treasury
Deputy Secretary
Deputy or depute may refer to:
* Steward (office)
* Khalifa, an Arabic title that can signify "deputy"
* Deputy (legislator), a legislator in many countries and regions, including:
** A member of a Chamber of Deputies, for example in Italy, Spain, ...
Treasury
A treasury is either
*A government department related to finance and taxation, a finance ministry; in a business context, corporate treasury.
*A place or location where treasure, such as currency or precious items are kept. These can be ...