| United States Secretary of the Treasury | |
|---|---|
 Seal of the Department of the Treasury | |
 Flag of the secretary | |
.jpg) | |
| Department of the Treasury | |
| Style | Madam Secretary (informal) The Honorable (formal) |
| Member of | Cabinet National Security Council |
| Reports to | President |
| Seat | Treasury Building Washington, D.C. |
| Appointer | President with Senate advice and consent |
| Term length | No fixed term |
| Constituting instrument | 31 U.S.C. § 301 |
| Precursor | Superintendent of Finance |
| Formation | September 11, 1789 |
| First holder | Alexander Hamilton |
| Succession | Fifth[1] |
| Deputy | Deputy Secretary[2] |
| Salary | Executive Schedule, Level I[3] |
| Website | treasury.gov |
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 secretary is, by custom, a member of the president's cabinet and, by law, a member of the National Security Council,[4] and fifth in the U.S. presidential line of succession.
Under the Appointments Clause of the United States Constitution, the officeholder is nominated by the president of the United States, and, following a confirmation hearing before the Senate Committee on Finance, will take the office if confirmed by the majority of the full United States Senate.
The secretary of state, the secretary of the treasury, the secretary of defense, and the attorney general are generally regarded as the four most important Cabinet officials, due to the size and importance of their respective departments.[5]
The current secretary of the treasury is Janet Yellen, who is the first woman to hold the office.[6][7]
- ^ "3 U.S. Code § 19 – Vacancy in offices of both President and Vice President; officers eligible to act". LII / Legal Information Institute. Archived from the original on December 26, 2018. Retrieved February 4, 2017.
- ^ 31 U.S.C. § 301
- ^ 5 U.S.C. § 5312
- ^ 50 U.S.C. §§ 3021–Security Council National Security Council
- ^ Cabinets and Counselors: The President and the Executive Branch (1997). Congressional Quarterly. p. 87.
- ^ "Janet L. Yellen Sworn In As 78th Secretary of the United States Department of the Treasury" (Press release). Washington, D.C.: U.S. Department of the Treasury. January 26, 2021. Archived from the original on January 27, 2021. Retrieved January 27, 2021.
- ^ Tappe, Anneken; Egan, Matt (January 25, 2021). "Janet Yellen is confirmed as the first female Treasury secretary in US history". CNN. Archived from the original on January 26, 2021. Retrieved January 26, 2021.