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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 ...
, 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 Federal government of the United States#Executive branch, executive branch of the Federal gove ...
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 previ ...
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 po ...
. 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 specified that one Assistant Secretary take on a specific role:
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 ...
. This role was abolished in June 2014 with the resignation of Timothy Massad. According to statute, the Fiscal Assistant Secretary is appointed by the United States Secretary of the Treasury. 31 U.S.C. ยง 301(d)


Current Assistant Secretaries

The Assistant Secretary positions are: * Reporting directly to the Secretary of the Treasury and Deputy Secretary of the Treasury: ** 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: **
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, there ...
** Fiscal Assistant Secretary of the Treasury * Reports to the Under Secretary of the Treasury for International Affairs: ** 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 ** 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 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 ...


References


External links

Assistant Secretary {{US-gov-stub