The United States Deputy Secretary of the Treasury, in the United States government, 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, Lawrence Summers,

Stuart E. Eizenstat Stuart Elliott Eizenstat (born January 15, 1943) is an American diplomat and attorney. He served as the United States Ambassador to the European Union from 1993 to 1996 and as the United States Deputy Secretary of the Treasury from 1999 to 2001. ...

Kenneth W. Dam Kenneth Willard Dam (August 10, 1932 – May 31, 2022) was an American politician and academic who served as Deputy Secretary of the Treasury (the second highest official in the United States Department of the Treasury) from 2001 to 2004, where ...

, and

Samuel Bodman Samuel Wright Bodman III (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 was ...

. 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,

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 a major role in designing and financing the New Deal. After 1937, while ...

, 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 Pres ...

(1946–1947). The prior Deputy Secretary was Justin Muzinich. President Donald Trump announced his nomination of Muzinich on March 13, 2018. The nomination was confirmed by the U.S. Senate on a vote of 55–44. The current Deputy Secretary is

Wally Adeyemo Adewale "Wally" Adeyemo (born May 20, 1981) is a Nigerian-American government official serving as the United States deputy secretary of the treasury. He was the first president of the Obama Foundation and also served during the Obama administrat ...

, who is serving in the

Biden administration Joe Biden's tenure as the 46th president of the United States began with his inauguration on January 20, 2021. Biden, a Democrat from Delaware who previously served as vice president under Barack Obama, took office following his victory ...

and is the first African American Deputy Secretary of the Treasury.

List of deputy secretaries of the treasury

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. *A place or location where treasure, such as currency or precious items are kept. These can be state or royal property, church treasure or ...