Flag of the United States Assistant 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 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 t ...

, serving under the

United States 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 ...

History

According to U.S. statute, there are eight Assistant Secretaries of the Treasury appointed by the

President of the United States The president of the United States (POTUS) is the head of state and head of government of the United States of America. The president directs the executive branch of the federal government and is the commander-in-chief of the United Stat ...

with the

advice and consent Advice and consent is an English phrase frequently used in enacting formulae of bills and in other legal or constitutional contexts. It describes either of two situations: where a weak executive branch of a government enacts something previo ...

of the

United States Senate The United States Senate is the upper chamber of the United States Congress, with the House of Representatives being the lower chamber. Together they compose the national bicameral legislature of the United States. The composition and pow ...

. 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. Furthermore The

Emergency Economic Stabilization Act of 2008 The Emergency Economic Stabilization Act of 2008, often called the "bank bailout of 2008", was proposed by Treasury Secretary Henry Paulson, passed by the 110th United States Congress, and signed into law by President George W. Bush. It became ...

specified that one Assistant Secretary take on a specific role: Assistant Secretary of the Treasury for Financial Stability. This role was abolished in June 2014 with the resignation of

Timothy Massad Timothy George Massad (born July 30, 1956) is an American lawyer and government official who served as the chairman of the Commodity Futures Trading Commission (CFTC) under President Barack Obama. He had previously been Assistant Secretary for Fi ...

. According to statute, the

Fiscal Assistant Secretary 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 th ...

is appointed by the United States Secretary of the Treasury. 31 U.S.C. § 301(d)

Current Assistant Secretaries

The Assistant Secretary positions are: * Reporting directly to 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

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 ...

: ** Assistant Secretary of the Treasury for Economic Policy ** Assistant Secretary/Deputy Under Secretary of the Treasury for Legislative Affairs ** Assistant Secretary of the Treasury for Management & Chief Financial Officer ** Assistant Secretary of the Treasury for Public Affairs ** Assistant Secretary of the Treasury for Tax Policy * Reports to the

Under Secretary of the Treasury for Domestic Finance 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 u ...

: **

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 ...

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, ther ...

Fiscal Assistant Secretary of the Treasury 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 th ...

* Reports to the

Under Secretary of the Treasury for International Affairs The Under Secretary of the Treasury for International Affairs is a senior position within the United States Department of the Treasury responsible for advising the Secretary of the Treasury on international economic issues. During the Trump Admin ...

: ** Assistant Secretary/Deputy Under Secretary of the Treasury for International Finance and Development ** Assistant Secretary of the Treasury for International Markets ** Assistant Secretary of the Treasury for Investment Security * Reports to the

Under Secretary of the Treasury for Terrorism and Financial Intelligence The Under Secretary for Terrorism and Financial Intelligence is a position within the United States Department of the Treasury responsible for directing the Treasury's efforts to cut the lines of financial support for terrorists, fight financial c ...

** Assistant Secretary of the Treasury for Intelligence and Analysis ** Assistant Secretary of the Treasury for Terrorist Financing

Defunct offices including the designation of Assistant Secretary of the Treasury

* Assistant Secretary of the Treasury for Financial Stability

References

External links

Assistant Secretary {{US-gov-stub