Under Secretary of the Treasury for Domestic Finance

Under Secretary of the Treasury for Domestic Finance
Flag of an Under Secretary of the Treasury
Incumbent
Nellie Liang
since July 22, 2021[1]
Department of the Treasury
StyleThe Honorable
Reports toSecretary of the Treasury
Deputy Secretary of the Treasury
NominatorPresident of the United States
Salary$183,300 (2021)
WebsiteOfficial website

The Under Secretary of the Treasury for Domestic Finance is a high-ranking position within United States Department of the Treasury that reports to, advises, and assists the Secretary of the Treasury and the Deputy Secretary of the Treasury.[2] The under secretary leads the department's policy on the issues of domestic finance, fiscal policy, fiscal operations, government assets, government liabilities, and other related economic and fiscal matters.[3]

Under Secretary Mary J. Miller announced she was stepping down from the position on June 12, 2014, and the position was officially vacant until July 2021.[4][1]

Matthew Rutherford served as acting Under Secretary until January 30, 2015.[5] President Barack Obama nominated Antonio Weiss for the position on November 13, 2014.[6] Weiss was never confirmed by the Senate, and withdrew his nomination on January 12, 2015.[7] On April 22, 2021 President Joe Biden nominated economist Nellie Liang for Senate confirmation in the position.[8] Liang was confirmed by the Senate on July 14, 2021.[1]

  1. ^ a b c Davidson, Kate (15 July 2021). "Senate Confirms Nellie Liang to Top Treasury Post for Managing U.S. Debt". Wall Street Journal.
  2. ^ ""U.S. Treasury - Duties & Functions of the Under Secretary of Domestic Finance"". Archived from the original on February 15, 2006. Retrieved September 9, 2006.
  3. ^ ""U.S. Treasury - Biography of Robert Steel, Under Secretary for Domestic Finance"". Archived from the original on October 10, 2006. Retrieved September 9, 2006.
  4. ^ Solomon, Deborah (12 June 2014). "Treasury's Mary Miller to Step Down". Wall Street Journal.
  5. ^ "Treasury official among those eyed for regional U.S. Fed openings". February 2015.
  6. ^ Barrett, Claer (13 November 2014). "Lazard's Antonio Weiss set to join US Treasury". Financial Times. Archived from the original on 2022-12-11.
  7. ^ "Warren wins on Weiss nomination".
  8. ^ "Nominations Sent to the Senate". The White House. 22 April 2021. Retrieved 4 July 2021.