Under Secretary of the Treasury for Domestic Finance


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 [United States United States Secretary of the Treasury|Secretary of the Treasury|secretary of the treasury] and the deputy secretary of the treasury. 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.
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.
Matthew Rutherford served as acting under secretary until January 30, 2015. President Barack Obama nominated Antonio Weiss for the position on November 13, 2014. Weiss was never confirmed by the Senate, and withdrew his nomination on January 12, 2015. On April 22, 2021 President Joe Biden nominated economist Nellie Liang for Senate confirmation in the position. Liang was confirmed by the Senate on July 14, 2021.

Overview

The under secretary has oversight of the following:

List of under secretaries of the treasury for domestic finance (incomplete)

NameAssumed officeLeft officePresident appointed bySecretary served under
George D. Gould19851988Ronald ReaganJames Baker
Robert R. Glauber19891992George H. W. BushNicholas F. Brady
Jerome PowellApril 7, 1992January 20, 1993George H. W. BushNicholas F. Brady
Frank N. NewmanNovember 5, 1993September 28, 1994Bill ClintonLloyd Bentsen
John D. Hawke, Jr.April 1995December 8, 1998Bill ClintonRobert Rubin
Gary GenslerApril 1999January 20, 2001Bill ClintonLawrence Summers

Peter R. Fisher
20012004George W. BushPaul O'Neill

Peter R. Fisher
20012004George W. BushJohn W. Snow
Brian C. Roseboro20042005George W. BushJohn W. Snow
Randal QuarlesAugust 8, 2005October 13, 2006George W. BushJohn W. Snow
Randal QuarlesAugust 8, 2005October 13, 2006George W. BushHenry Paulson
Robert K. SteelOctober 10, 2006July 9, 2008George W. BushHenry Paulson
Anthony Ryan July 9, 20082009George W. BushHenry Paulson
Michael Barr May 2009March 27, 2010Barack ObamaTimothy Geithner
Jeffrey A. GoldsteinMarch 27, 2010August 2011Barack ObamaTimothy Geithner
Mary J. MillerMarch 2012September 2014Barack ObamaTimothy Geithner
Matthew S. Rutherford September 2014January 30, 2015Barack ObamaJack Lew
Nellie LiangJuly 22, 2021January 20, 2025Joe BidenJanet Yellen
Brian Smith January 20, 2025July 29, 2025Donald TrumpScott Bessent
Luke Pettit July 29, 2025PresentDonald TrumpScott Bessent