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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.
The chief of staff to the secretary of the Treasury is the coordinator of the supporting staff, primary aide to the United States Secretary of the Treasury and, as deputy secretary, has authority to stand in for the secretary. According to Treasury Order 101-05, the chief of staff "shall report directly to the Secretary and shall exercise ...
Scott Kenneth Homer Bessent (/ ˈ b ɛ s ən t / BESS-ənt; born August 21, 1962) is an American investor and hedge fund manager who has served since 2025 as the 79th United States secretary of the treasury. [1]
The U.S. Treasury Department has delayed the deadline for millions of small businesses to Jan. 13, 2025, to file a new form, known as a Beneficial Ownership Information report.
Bessent, a former hedge fund executive, was sworn in as treasury secretary last week. The White House, Treasury Department and CFPB did not return requests for comment.
The Assistant Secretary of the Treasury for Economic Policy is the head of the Office of Economic Policy in the United States Department of the Treasury. The position is held by Ben Harris. President Joe Biden announced he would nominate Ben Harris to the role on March 11, 2021. [2]
The second section of the order issues a directive to the Secretary of the Treasury, ordering them to conduct meetings with members of the Financial Stability Oversight Council and report back to the President within 120 days on "the extent to which existing laws, treaties, regulations, guidance, reporting and recordkeeping requirements, and ...
Secretary of the Treasury Janet Yellen designated Hsu as First Deputy Comptroller on May 10, 2021, making him the Acting Comptroller of the Currency. [2] On November 23, 2021, he announced that banks would not be allowed to provide certain cryptocurrency services unless they met several regulations.