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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 advisor to the president of the United States on all matters pertaining to economic and fiscal policy.
Janet Louise Yellen (born August 13, 1946) is an American economist, currently serving as the 78th United States secretary of the treasury since January 26, 2021. She previously served as the 15th chair of the Federal Reserve from 2014 to 2018.
On November 22, 2024, president-elect Trump announced his intention to nominate Bessent to serve as the United States secretary of the treasury in his second administration. [36] [37] If confirmed by the Senate, Bessent would be the first openly gay secretary of the Treasury. [38]
Secretary of the Treasury: Scott Bessent [102] Awaiting Senate Confirmation Deputy Secretary of the Treasury: Michael Faulkender [103] Assistant Secretary of the Treasury (Tax Policy) Ken Kies [104] Chief of Staff to the Secretary of the Treasury: Daniel Katz [105] January 20, 2025 Senior Counselor to the Secretary of the Treasury Alexandra ...
She was sworn into office on July 22, 2021, and is the first Senate-confirmed Under Secretary for Domestic Finance in office since September 2014. [15] On February 15, 2022, the secretary presented findings of the President's Working Group on Financial Markets and other agencies on potential congressional regulation of the stablecoin markets ...
Timothy Franz Geithner (/ ˈ ɡ aɪ t n ər /; born August 18, 1961) is an American former central banker who served as the 75th United States Secretary of the Treasury under President Barack Obama from 2009 to 2013. He was the President of the Federal Reserve Bank of New York from 2003 to 2009, following service in the Clinton administration
A nomination for Secretary of the Treasury is reviewed during hearings held by the members of the Finance Committee, then presented to the full Senate for a vote. Founder of the global macro investment firm Key Square Group Scott Bessent of South Carolina was announced as Trump's nominee for the position on November 22, 2024.
In 1993, Summers was appointed Undersecretary for International Affairs and later in the United States Department of the Treasury under the Clinton Administration. In 1995, he was promoted to Deputy Secretary of the Treasury under his long-time political mentor Robert Rubin. In 1999, he succeeded Rubin as Secretary of the Treasury.