Assistant Secretary of the Treasury for Financial Markets

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Assistant Secretary of the Treasury for Financial Markets
Flag of the United States Assistant Secretary of the Treasury.svg
Flag of an Assistant Secretary of the Treasury
Incumbent
Vacant
since January 30, 2015
Department of the Treasury
StyleThe Honorable
Reports toUnder Secretary of the Treasury for Domestic Finance
NominatorPresident of the United States
Salary$155,500 (2010)[1]
WebsiteOfficial website

The Assistant Secretary of the Treasury for Financial Markets is an official in the United States Department of the Treasury who heads the Office of Financial Markets. The office has remained vacant since January 30, 2015. President Donald Trump announced his intent to nominate Kipp Kranbuhl, the Principal Deputy Assistant Secretary of the Treasury for Financial Markets, to the position in October 2019,[2] but the Senate did not confirm the nomination.[3]

According to U.S. statute, there are ten Assistant Secretaries of the Treasury appointed by the President of the United States with the advice and consent of the United States Senate.[4] The Assistant Secretary of the Treasury for Financial Markets reports to the Under Secretary of the Treasury for Domestic Finance, who in turn reports to the United States Secretary of the Treasury and the United States Deputy Secretary of the Treasury.

List of Assistant Secretaries of the Treasury for Financial Markets (incomplete)[]

Name Assumed office Left office President appointed by Secretary served under
Gary Gensler[5] September 1997 April 1999 Bill Clinton Robert Rubin
Lewis A. Sachs[6] 1999 2001 Bill Clinton Lawrence Summers
Richard S. Carnell[7] 2001 2004 George W. Bush Paul O'Neill, John W. Snow
Timothy S. Bitsberger[8] 2004 2005 George W. Bush John W. Snow
Anthony Ryan[9] 2006 2008 George W. Bush Henry Paulson
Karthik Ramanathan[10] September 25, 2008 February 2010 George W. Bush

Barack Obama

Henry Paulson

Timothy Geithner

Mary J. Miller[11] February 2010 August 2012 Barack Obama Timothy Geithner
[12] August 2012 January 30, 2015 Barack Obama Timothy Geithner
Jack Lew

References[]

  1. ^ "David Samuel Cohen". Search Federal Pay. Feds Data Center. Retrieved 29 April 2016.
  2. ^ "President Donald J. Trump Announces Intent to Nominate Individuals to Key Administration Posts". The White House. Retrieved 2020-08-02.
  3. ^ "PN1159 - Nomination of Kipp Kranbuhl for Department of the Treasury, 116th Congress (2019-2020)". www.congress.gov. 2020-03-11. Retrieved 2020-08-02.
  4. ^ 31 U.S.C. § 301(e)
  5. ^ Little Sis Profile
  6. ^ Little Sis Profile
  7. ^ Profile from Sacred Heart University Archived 2011-09-27 at the Wayback Machine
  8. ^ Profile from RevolvingDoor.com
  9. ^ "Biography from Fidelity Investments". Archived from the original on 2011-08-16. Retrieved 2011-04-09.
  10. ^ Medals, Samuel J. Heyman Service to America. "Karthik Ramanathan • Samuel J. Heyman Service to America Medals". Samuel J. Heyman Service to America Medals. Retrieved 2021-07-12.
  11. ^ Profile from WhoRunsGov Archived December 10, 2010, at the Wayback Machine
  12. ^ Saphir, Jonathan Spicer, Michael Flaherty, Ann (31 January 2015). "Exclusive: Treasury official among those eyed for regional U.S. Fed openings". Reuters. Retrieved 4 July 2021.
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