Under Secretary of the Treasury for Domestic Finance

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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.[1] 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.[2]

Under Secretary Mary J. Miller announced she was stepping down from the position on June 12, 2014, and the position was officially vacant until July 2021.[3][4]

Matthew Rutherford served as acting under secretary until January 30, 2015.[5] President Barack Obama nominated Antonio Weiss for the position on November 13, 2014.[6] Weiss was never confirmed by the Senate, and withdrew his nomination on January 12, 2015.[7] On April 22, 2021 President Joe Biden nominated economist Nellie Liang for Senate confirmation in the position.[8] Liang was confirmed by the Senate on July 14, 2021.[4]

Overview

The under secretary has oversight of the following:[1]

List of under secretaries of the treasury for domestic finance (incomplete)

Name Assumed office Left office President appointed by Secretary served under
George D. Gould[9] 1985 1988 Ronald Reagan James Baker
Robert R. Glauber[10] 1989 1992 George H. W. Bush Nicholas F. Brady
Jerome Powell April 7, 1992 January 20, 1993
Frank N. Newman[11] November 5, 1993[12] September 28, 1994 Bill Clinton Lloyd Bentsen
John D. Hawke, Jr.[13] April 1995 December 8, 1998 Robert Rubin
Gary Gensler[14] April 1999 January 20, 2001 Lawrence Summers

Peter R. Fisher[15]
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2001 2004 George W. Bush Paul O'Neill
John W. Snow
Brian C. Roseboro[16] 2004 2005
Randal Quarles[17] August 8, 2005 October 13, 2006
Henry Paulson
Robert K. Steel[18] October 10, 2006 July 9, 2008
Anthony Ryan (Acting)[18] July 9, 2008 2009
Michael Barr (Acting)[18] May 2009 March 27, 2010 Barack Obama Timothy Geithner
Jeffrey A. Goldstein[18] March 27, 2010 August 2011
Mary J. Miller[18] March 2012 September 2014
Matthew S. Rutherford (Acting) September 2014 February 2015 Jack Lew
Nellie Liang July 22, 2021 January 20, 2025 Joe Biden Janet Yellen
Brian Smith (Acting) January 20, 2025 Incumbent Donald Trump Scott Bessent

References

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  11. NNDB Profile
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  18. a b c d e Office Profile from PrunesOnline

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