Summary
The Assistant Secretary of the Treasury for Financial Institutions is an official in the United States Department of the Treasury who is the head of the Office of Financial Institutions (OFI). The office "helps formulate policy on financial institutions and government-sponsored enterprises, cybersecurity and critical infrastructure protection."[2]
| Assistant Secretary of the Treasury for Financial Institutions | |
|---|---|
 Flag of an Assistant Secretary of the Treasury | |
Incumbent Vacant since January 2024 | |
| Department of the Treasury | |
| Style | The Honorable |
| Reports to | Under Secretary of the Treasury for Domestic Finance |
| Nominator | President of the United States |
| Formation | 1976 |
| First holder | Robert A. Gerard |
| Salary | $155,500 (2010)[1] |
| Website | Official website |
The post was most recently held by Graham Steele, who was nominated to the position by President Joe Biden on July 19, 2021.[3] Steele resigned from the position in January 2024.[4]
History edit
The office was formed in 1976 by Secretary of the Treasury William E. Simon as the Assistant Secretary for Capital Markets and Debt Management.[5]
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.[6] The Assistant Secretary of the Treasury for Financial Institutions 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 Institutions edit
See also edit
References edit
- ^ "David Samuel Cohen". Search Federal Pay. Feds Data Center. Retrieved 29 April 2016.
- ^ "Financial Institutions". U.S. Department of the Treasury. Retrieved 7 November 2021.
- ^ "President Biden Announces Three Key Nominations". The White House. 19 July 2021. Retrieved 7 November 2021.
- ^ Ellfeldt, Avery (2024-02-12). "E&E News: Exit interview: Ex-Treasury official dishes on climate, insurance risk". POLITICO. Retrieved 2024-02-21.
- ^ Nominations of Robert A. Gerard and Jerry Thomas. U.S. Government Printing Office. 1976. Retrieved 2022-12-06.
- ^ 31 U.S.C. § 301(e)
- ^ Treasury, Postal Service, and General Government Appropriations for Fiscal Year 1979. U.S. Government Printing Office. 1978. p. 64. Retrieved 2022-12-06.
- ^ "Profile from Fordham University". Archived from the original on 2010-12-15. Retrieved 2011-04-08.
- ^ "Archived copy". Archived from the original on 2015-04-02. Retrieved 2015-03-01.
{{cite web}}: CS1 maint: archived copy as title (link) - ^ Jim Puzzanghera "FDIC Chief in Tune with Democrats", Los Angeles Times, Nov. 18, 2008
- ^ Profile from the Washington Association of Money Managers
- ^ a b Profile from BusinessWeek[dead link]
- ^ Profile from WhoRunsGov Archived July 3, 2011, at the Wayback Machine