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 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.
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.
Matthew Rutherford served as acting under secretary until January 30, 2015. President Barack Obama nominated Antonio Weiss for the position on November 13, 2014. Weiss was never confirmed by the Senate, and withdrew his nomination on January 12, 2015. On April 22, 2021 President Joe Biden nominated economist Nellie Liang for Senate confirmation in the position. Liang was confirmed by the Senate on July 14, 2021.
Overview The under secretary has oversight of the following:
Assistant Secretary of the Treasury for Financial Institutions Office of Financial Institutions Office of Financial Institutions Policy Office of Consumer Policy Office of Housing, Small Business, and Community Development Community Development Financial Institutions Fund Assistant Secretary of the Treasury for Financial Markets Office of Financial Markets Office of Federal Finance Office of Government Financial Policy Office of Capital Markets Fiscal Assistant Secretary of the Treasury Office of Fiscal Service Office of Fiscal Operations and Policy Office of Accounting Policy Bureau of the Fiscal Service
List of under secretaries of the treasury for domestic finance (incomplete)
NameAssumed officeLeft officePresident appointed bySecretary served underGeorge D. Gould19851988Ronald ReaganJames BakerRobert R. Glauber19891992George H. W. BushNicholas F. BradyJerome PowellApril 7, 1992January 20, 1993Frank N. NewmanNNDB ProfileNovember 5, 1993September 28, 1994Bill ClintonLloyd BentsenJohn D. Hawke, Jr.April 1995December 8, 1998Robert RubinGary GenslerApril 1999January 20, 2001Lawrence SummersPeter R. Fisher20012004George W. BushPaul O'NeillJohn W. SnowBrian C. Roseboro20042005Randal QuarlesAugust 8, 2005October 13, 2006Henry PaulsonRobert K. SteelOffice Profile from PrunesOnlineOctober 10, 2006July 9, 2008Anthony Ryan (Acting)July 9, 20082009Michael Barr (Acting)May 2009March 27, 2010Barack ObamaTimothy GeithnerJeffrey A. GoldsteinMarch 27, 2010August 2011Mary J. MillerMarch 2012September 2014Matthew S. Rutherford (Acting)September 2014January 30, 2015Jack LewNellie LiangJuly 22, 2021January 20, 2025Joe BidenJanet YellenBrian Smith (Acting)January 20, 2025July 29, 2025 Donald Trump Scott BessentLuke Pettit (Acting) July 29, 2025October 10, 2025Jonathan McKernanOctober 10, 2025July 20, 2026
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