Post: | Assistant Secretary |
Body: | the Treasury for International Finance and Development |
Flag: | File:Flag_of_the_United_States_Assistant_Secretary_of_the_Treasury.svg |
Flagcaption: | Flag of an Assistant Secretary of the Treasury |
Incumbent: | Brent Neiman |
Incumbentsince: | March 15, 2023 |
Department: | Department of the Treasury |
Style: | The Honorable |
Reports To: | Under Secretary of the Treasury for International Affairs |
Nominator: | President of the United States |
Formation: | 1977 |
Salary: | $155,500 (2010)[1] |
Website: | Official website |
The Deputy Under Secretary / Designated Assistant Secretary of the Treasury for International Finance is a senior position within the United States Department of the Treasury responsible for advising the Secretary of the Treasury on matters of international finance and economic coordination, and overseeing U.S. participation in international financial institutions.[2] The Assistant Secretary is appointed by the President and confirmed by the Senate. The office is currently held by Brent Neiman.
The Assistant Secretary is in charge of the Office of International Finance and Development, one of two principal components of the Office of International Affairs within the U.S. Department of the Treasury. He or she oversees seven deputies each with their own Deputy Assistant Secretary, over a dozen offices, and more than 100 personnel.[3] Occupants also hold the rank of Deputy Under Secretary / Designated Assistant Secretary.[4]
The Deputy Under Secretary / Designated Assistant Secretary reports to the Under Secretary for International Finance and oversees work by the following senior officials:
The Assistant Secretary leads the development and implementation of policies in the areas of international finance, economic development, bilateral and regional economic engagement, and international debt. The Assistant Secretary also oversees G-7 and G-20 coordination, currency policy, and serves as an economic emissary to foreign governments. It also leads the development of policies on U.S. participation in the International Monetary Fund, the World Bank, and the other multilateral development banks (including the Inter-American Development Bank, the African Development Bank, the Asian Development Bank, and the European Bank for Reconstruction and Development).[5]
Name | Assumed office | Left office | President served under | |
---|---|---|---|---|
C. Fred Bergsten | 1977 | 1981 | Jimmy Carter | |
Marc E. Leland | 1981 | 1984 | Ronald Reagan | |
David C. Mulford | 1984 | 1987 | Ronald Reagan | |
Hollis S. McLoughlin | 1987 | 1989 | Ronald Reagan and George H. W. Bush | |
Charles H. Dallara | 1989 | 1991 | George H. W. Bush | |
Olin L. Wethington | 1991 | 1993 | George H. W. Bush | |
Jeffrey Richard Shafer | 1993 | 1995 | Bill Clinton | |
David A. Lipton | 1995 | 1997 | Bill Clinton | |
Timothy Geithner | 1997 | 1999 | Bill Clinton | |
Edwin M. Truman | 1999 | 2001 | Bill Clinton | |
Randal Quarles | April 2001 | August 8, 2005 | George W. Bush | |
Clay Lowery | 2005 | 2009 | George W. Bush | |
Charles Collyns | 2010 | 2013 | Barack Obama | |
Ramin Toloui | 2014 | 2017 | Barack Obama | |
Geoffrey Okamoto (acting) | July 2018 | March 19, 2020 | Donald Trump | |
Brent Neiman | March 15, 2023 | Incumbent | Joe Biden |