United States Deputy Secretary of the Treasury

Deputy Secretary of Treasury of the United States of America
Seal of the Department of Treasury
Flag of the Deputy Secretary of Treasury
Incumbent Sarah Bloom Raskin since March 19, 2014 (2014-03-19)
U.S. Department of Treasury
Reports to	Jack Lew, Secretary of the Treasury
Seat	Washington, D.C.
Appointer	The President with Senate advice and consent
Term length	No fixed term
Formation	February 16, 1981 (1981-02-16)
First holder	R. T. McNamar
Salary	Executive Schedule, level 2
Website	www.state.gov

The Deputy Secretary of the Treasury, in the United States government, advises and assists the Secretary of the Treasury in the supervision and direction of the Department of the Treasury and its activities, and succeeds the Secretary in his absence, sickness, or unavailability. The Deputy Secretary plays a primary role in the formulation and execution of Treasury policies and programs in all aspects of the Department's activities.^[1] In addition, the Deputy Secretary is the only official other than the Secretary who can sign a Treasury Order, which is a document that delegates authority residing in the Secretary or Deputy Secretary to another Treasury official, establishes Treasury policy, and establishes the reporting relationships and supervision of officials.^[2] Former Deputy Secretaries include Roger Altman,^[3] Lawrence Summers,^[4] Stuart E. Eizenstat,^[5] Kenneth W. Dam,^[6] and Samuel W. Bodman.^[7]

The office of Deputy Secretary is the successor of the "Under Secretary of the Treasury", the former chief deputy to the Secretary. Today, several officials hold the title of "Under Secretary" of the Treasury. Among those who served as Under Secretary when it was the number-two position in the department include Dean Acheson, Henry Morgenthau, Jr., John W. Hanes II, and O. Max Gardner (1946–47).^[8]^[9]

Sarah Bloom Raskin was confirmed to be the Deputy Secretary of the Treasury on March 12, 2014.^[10]

List of Deputy Secretaries of the Treasury

#	Name	Term Began	Term Ended	President(s) served under
1	R. T. McNamar	1981^[11]	1985	Ronald Reagan
2	Richard G. Darman	1985^[12]	1987
3	M. Peter McPherson	1987^[13]	1989
4	John E. Robson	1989	1992^[14]	George H.W. Bush
5	Roger Altman	1993	1994	Bill Clinton
6	Frank N. Newman^[15]	1994	1995
7	Lawrence Summers	1995	1999
8	Stuart E. Eizenstat	1999	2001
9	Kenneth W. Dam	2001	2003	George W. Bush
10	Samuel Bodman	February 2004	January 2005
11	Robert M. Kimmitt	August 16, 2005	January 20, 2009
12	Neal S. Wolin	May 18, 2009	August 31, 2013	Barack Obama
13	Sarah Bloom Raskin	March 19, 2014	Incumbent	Barack Obama

References

↑ "U.S. Treasury - Duties & Functions of the Deputy Secretary of the Treasury". Retrieved September 22, 2007.
↑ "U.S. Treasury - Orders and Directives". Retrieved September 22, 2007.
↑ "AllPolitics - Whitewater - Cast of Characters". CNN. Retrieved September 22, 2007.
↑ "History of the President's Office". Archived from the original on July 4, 2007. Retrieved September 22, 2007.
↑ "Covington & Burling LLP – Lawyers - Stuart E. Eizenstat". Archived from the original on October 27, 2006. Retrieved November 23, 2006.
↑ "University of Chicago Law School > Kenneth Dam". Retrieved September 22, 2007.
↑ "Department of Energy - Samuel W. Bodman". Retrieved September 22, 2007.
↑ Time: "Undersecretary No. 2," May. 07, 1934
↑ Governor O. Max Gardner: the politician
↑ "Sarah Bloom Raskin Confirmed As Deputy Secretary of the Treasury". Treasury.gov. March 12, 2014. Retrieved November 12, 2016.
↑ Nomination of R. T. McNamar To Be Deputy Secretary of the Treasury
↑ Letter Accepting the Resignation of Richard G. Darman as Assistant to the President and Deputy to the Chief of Staff
↑ New York Times
↑ Sunlight Foundation
↑ NNDB Profile

Agencies under the United States Department of the Treasury

Headquarters: Treasury Building Jack Lew, Secretary of the Treasury Sarah Bloom Raskin, Deputy Secretary of the Treasury

Deputy Secretary of the Treasury	Alcohol and Tobacco Tax and Trade Bureau Community Development Financial Institutions Fund Treasury Inspector General for Tax Administration Internal Revenue Service Office of the Comptroller of the Currency Office of Tax Policy

Under Secretary of the Treasury for International Affairs	Office of East Asia Office of South and Southeast Asia Nations Office of Europe & Eurasia Office of the Western Hemisphere Office of International Monetary Policy Office of Banking and Securities Office of International Debt Policy Office of Development Policy Office of Financing Operations Office of African Nations Office of the Middle East and North Africa Office of International Trade Office of International Investment Office of Trade Finance Office of Technical Assistance Office of Risk and Research Analysis Exchange Stabilization Fund

Under Secretary of the Treasury for Domestic Finance	Advanced Counterfeit Deterrence Federal Financing Bank Office of Debt Management Office of Financial Institutions Office of Financial Markets Office of Financial Stability Office of Fiscal Service Bureau of the Fiscal Service

Under Secretary of the Treasury for Terrorism and Financial Intelligence	Office of Terrorism and Financial Intelligence Office of Terrorist Financing and Financial Crimes Office of Intelligence and Analysis Office of Foreign Assets Control Financial Crimes Enforcement Network Treasury Executive Office for Asset Forfeiture

Treasurer of the United States	Bureau of Engraving and Printing United States Mint

Deputy leaders of the United States federal executive departments

Current	Agriculture Commerce Defense Education Energy Health and Human Services Homeland Security Housing and Urban Development Interior Justice Labor State Transportation Treasury Veterans Affairs

Past	Commerce and Labor Health, Education, and Welfare Navy Post Office War

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