Assistant Secretary of the Treasury for Financial Institutions

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. The office "helps formulate policy on financial institutions and government-sponsored enterprises, cybersecurity and critical infrastructure protection."[2] In June 2017, President Donald Trump nominated Christopher Campbell to the position. He was confirmed by the U.S. Senate on August 3, 2017.[3] The post is currently held by Graham Steele, with President Joe Biden nominating him to lead the office on July 19, 2021.[4]

Assistant Secretary of the Treasury for Financial Institutions
Flag of an Assistant Secretary of the Treasury
Incumbent
Graham Steele
since December 3, 2021
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

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.[5] 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 (incomplete)
Name Assumed office Left office President appointed by Secretary served under
Richard S. Carnell[6] 1993 1999 Bill Clinton Lloyd Bentsen, Robert Rubin
Gregory Baer[7] 1999 January 20, 2001 Bill Clinton Robert Rubin, Larry Summers
Sheila Bair[8] July 2001 June 2002 George W. Bush Paul O'Neill
Wayne A. Abernathy[9] 2003 2005 George W. Bush John W. Snow
Emil Henry[10] 2005 2007 George W. Bush John W. Snow, Henry Paulson
David Nason[10] March 2007 March 2009 George W. Bush Henry Paulson
Michael Barr[11] May 2009 January 2011 Barack Obama Timothy Geithner
Cyrus Amir-Mokri November 1, 2011 November 1, 2014 Barack Obama Timothy Geithner
Christopher Campbell 2017 2018 Donald Trump Steven Mnuchin
Bimal Patel June 20, 2019 July 1, 2020 Donald Trump Steven Mnuchin
Graham Steele December 3, 2021 Present Joe Biden Janet Yellen

References
  1. "David Samuel Cohen". Search Federal Pay. Feds Data Center. Retrieved 29 April 2016.
  2. "Financial Institutions". U.S Department of the Treasury. Retrieved 7 November 2021.
  3. Jagoda, Naomi. "Trump picks Senate aide for Treasury position". TheHill.com. Retrieved 24 July 2017.
  4. "President Biden Announces Three Key Nominations". The White House. Retrieved 7 November 2021.
  5. 31 U.S.C. ยง 301(e)
  6. "Profile from Fordham University". Archived from the original on 2010-12-15. Retrieved 2011-04-08.
  7. "Archived copy". Archived from the original on 2015-04-02. Retrieved 2015-03-01.{{cite web}}: CS1 maint: archived copy as title (link)
  8. Jim Puzzanghera "FDIC Chief in Tune with Democrats", Los Angeles Times, Nov. 18, 2008
  9. Profile from the Washington Association of Money Managers
  10. Profile from BusinessWeek
  11. Profile from WhoRunsGov Archived July 3, 2011, at the Wayback Machine
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