The Under Secretary of the Treasury for Domestic Finance is a high-ranking position within United States Department of the Treasury

United States Department of the Treasury

The Department of the Treasury is an executive department and the treasury of the United States federal government. It was established by an Act of Congress in 1789 to manage government revenue...

 that reports to, advises, and assists the Secretary of the Treasury

United States Secretary of the Treasury

The Secretary of the Treasury of the United States is the head of the United States Department of the Treasury, which is concerned with financial and monetary matters, and, until 2003, also with some issues of national security and defense. This position in the Federal Government of the United...

 and the Deputy Secretary of the Treasury

United States Deputy Secretary of the Treasury

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 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.

The current Under Secretary is Jeffrey Goldstein, a wall street private equity banker, who has served in that position since President Barack Obama

Barack Obama

Barack Hussein Obama II is the 44th and current President of the United States. He is the first African American to hold the office. Obama previously served as a United States Senator from Illinois, from January 2005 until he resigned following his victory in the 2008 presidential election.Born in...

 installed him with a recess appointment

Recess appointment

A recess appointment is the appointment, by the President of the United States, of a senior federal official while the U.S. Senate is in recess. The U.S. Constitution requires that the most senior federal officers must be confirmed by the Senate before assuming office, but while the Senate is in...

 on March 27, 2010. Goldstein's appointment is still awaiting confirmation before the United States Senate

United States Senate

The United States Senate is the upper house of the bicameral legislature of the United States, and together with the United States House of Representatives comprises the United States Congress. The composition and powers of the Senate are established in Article One of the U.S. Constitution. Each...

.

Overview

The Under Secretary has oversight of the Assistant Secretary of the Treasury for Financial Institutions

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 has been vacant since January 2010 when Michael Barr left office.According to U.S...

, the Assistant Secretary for Financial Markets, the Deputy Assistant Secretary for Community Development Policy, the Director of the Community Development Financial Institutions Fund

Community Development Financial Institutions Fund

The Community Development Financial Institutions Fund, or CDFI Fund, promotes economic revitalization in distressed communities throughout the United States by providing financial assistance and information to community development financial institutions...

, the Bureau of the Public Debt

Bureau of the Public Debt

The Bureau of the Public Debt is an agency within the Fiscal Service of the United States Treasury Department. Under authority derived from Article I, section 8 of the Constitution, Public Debt is responsible for borrowing the money needed to operate the federal government, and is where donations...

, and the Fiscal Assistant Secretary. The Under Secretary receives reports from the Fiscal Assistant Secretary on the Financial Management Service

Financial Management Service

The Financial Management Service is a bureau of the United States Department of the Treasury and provides several financial services for the federal government...

.

List of Under Secretaries of the Treasury for Domestic Finance (Incomplete)

Name	Assumed Office	Left Office	President President of the United States The President of the United States of America is the head of state and head of government of the United States. The president leads the executive branch of the federal government and is the commander-in-chief of the United States Armed Forces....  Appointed By	Secretary United States Secretary of the Treasury The Secretary of the Treasury of the United States is the head of the United States Department of the Treasury, which is concerned with financial and monetary matters, and, until 2003, also with some issues of national security and defense. This position in the Federal Government of the United...  Served Under
Frank N. Newman Frank N. Newman Frank Neil Newman is a United States banker who served as Under Secretary of the Treasury for Domestic Finance from 1993 to 1994 and as United States Deputy Secretary of the Treasury from 1994 to 1995.-Biography:...	1993	1994	Bill Clinton Bill Clinton William Jefferson "Bill" Clinton is an American politician who served as the 42nd President of the United States from 1993 to 2001. Inaugurated at age 46, he was the third-youngest president. He took office at the end of the Cold War, and was the first president of the baby boomer generation...	Lloyd Bentsen Lloyd Bentsen Lloyd Millard Bentsen, Jr. was a four-term United States senator from Texas and the Democratic Party nominee for Vice President in 1988 on the Michael Dukakis ticket. He also served in the House of Representatives from 1949 to 1955. In his later political life, he was Chairman of the Senate...
John D. Hawke, Jr. John D. Hawke, Jr. John D. Hawke served as the United States Comptroller of the Currency from 1998 to 2004.John D. Hawke, Jr., was born in New York City on June 26, 1933. He was graduated from Yale University in 1954 with a B.A. in English. From 1955 to 1957 he served on active duty with the U.S...	1995	1998	Bill Clinton Bill Clinton William Jefferson "Bill" Clinton is an American politician who served as the 42nd President of the United States from 1993 to 2001. Inaugurated at age 46, he was the third-youngest president. He took office at the end of the Cold War, and was the first president of the baby boomer generation...	Robert Rubin Robert Rubin Robert Edward Rubin served as the 70th United States Secretary of the Treasury during both the first and second Clinton administrations. Before his government service, he spent 26 years at Goldman Sachs eventually serving as a member of the Board, and Co-Chairman from 1990-1992...
Gary Gensler Gary Gensler Gary Gensler is the chairman of the U.S. Commodity Futures Trading Commission under President Barack Obama.Gensler was Undersecretary of the Treasury and Assistant Secretary of the Treasury in the United States. Barack Obama selected him to lead the Commodity Futures Trading Commission, which has...	1999	2001	Bill Clinton Bill Clinton William Jefferson "Bill" Clinton is an American politician who served as the 42nd President of the United States from 1993 to 2001. Inaugurated at age 46, he was the third-youngest president. He took office at the end of the Cold War, and was the first president of the baby boomer generation...	Lawrence Summers Lawrence Summers Lawrence Henry Summers is an American economist. He served as the 71st United States Secretary of the Treasury from 1999 to 2001 under President Bill Clinton. He was Director of the White House United States National Economic Council for President Barack Obama until November 2010.Summers is the...
Peter R. Fisher Peter R. Fisher Peter R. Fisher is a United States banker who was Under Secretary of the Treasury for Domestic Finance from 2001 to 2004.-Biography:Peter R. Fisher was educated at Concord Academy in Massachusetts and then at Harvard College, where he received a B.A. in History in 1980. He graduated from Harvard...	2001	2004	George W. Bush George W. Bush George Walker Bush is an American politician who served as the 43rd President of the United States, from 2001 to 2009. Before that, he was the 46th Governor of Texas, having served from 1995 to 2000....	Paul O'Neill, John W. Snow John W. Snow | image=John W. Snow.jpg|imagesize = 250px| order=73rd| title=United States Secretary of the Treasury| term_start=February 3, 2003| term_end=June 28, 2006| predecessor=Paul O'Neill| successor=Henry Paulson| birth_date=| birth_place=Toledo, Ohio...
Brian C. Roseboro Brian C. Roseboro Brian Carlton Roseboro is a United States banker who was Assistant Secretary of the Treasury for Financial Markets from 2001 to 2004 and Under Secretary of the Treasury for Domestic Finance from 2004 to 2005.-Biography:...	2004	2005	George W. Bush George W. Bush George Walker Bush is an American politician who served as the 43rd President of the United States, from 2001 to 2009. Before that, he was the 46th Governor of Texas, having served from 1995 to 2000....	John W. Snow John W. Snow | image=John W. Snow.jpg|imagesize = 250px| order=73rd| title=United States Secretary of the Treasury| term_start=February 3, 2003| term_end=June 28, 2006| predecessor=Paul O'Neill| successor=Henry Paulson| birth_date=| birth_place=Toledo, Ohio...
Randal Quarles Randal Quarles Randal Keith Quarles is a managing director at The Carlyle Group, one of the world’s largest private equity firms. From August 2001 until October 2006, he held several important financial policy posts in the George W. Bush administration, ultimately serving as Under Secretary of the Treasury for...	August 8, 2005	October 13, 2006	George W. Bush George W. Bush George Walker Bush is an American politician who served as the 43rd President of the United States, from 2001 to 2009. Before that, he was the 46th Governor of Texas, having served from 1995 to 2000....	John W. Snow John W. Snow | image=John W. Snow.jpg|imagesize = 250px| order=73rd| title=United States Secretary of the Treasury| term_start=February 3, 2003| term_end=June 28, 2006| predecessor=Paul O'Neill| successor=Henry Paulson| birth_date=| birth_place=Toledo, Ohio... , Henry Paulson Henry Paulson Henry Merritt "Hank" Paulson, Jr. is an American banker who served as the 74th United States Secretary of the Treasury. He previously served as the Chairman and Chief Executive Officer of Goldman Sachs.-Early life and family:...
Robert K. Steel Robert K. Steel Robert King "Bob" Steel is an American business leader and an expert on financial institutions and markets. In June 2010, he was named Deputy Mayor for Economic Development by New York City Mayor Michael Bloomberg...	October 10, 2006	July 9, 2008	George W. Bush George W. Bush George Walker Bush is an American politician who served as the 43rd President of the United States, from 2001 to 2009. Before that, he was the 46th Governor of Texas, having served from 1995 to 2000....	Henry Paulson Henry Paulson Henry Merritt "Hank" Paulson, Jr. is an American banker who served as the 74th United States Secretary of the Treasury. He previously served as the Chairman and Chief Executive Officer of Goldman Sachs.-Early life and family:...
Anthony Ryan Anthony Ryan (Treasury official) Anthony Ryan is a United States banker who was Assistant Secretary of the Treasury for Financial Markets from 2006 to 2008 and Acting Under Secretary of the Treasury for Domestic Finance from 2008 to 2009.-Biography:...  (Acting)	July 2008	2009	George W. Bush George W. Bush George Walker Bush is an American politician who served as the 43rd President of the United States, from 2001 to 2009. Before that, he was the 46th Governor of Texas, having served from 1995 to 2000....	Henry Paulson Henry Paulson Henry Merritt "Hank" Paulson, Jr. is an American banker who served as the 74th United States Secretary of the Treasury. He previously served as the Chairman and Chief Executive Officer of Goldman Sachs.-Early life and family:...
Michael Barr Michael Barr (Treasury official) Michael S. Barr is a professor of law at the University of Michigan Law School. Previously he served as Assistant Secretary for Financial Institutions of the U.S...  (Acting)	2009	2009	George W. Bush George W. Bush George Walker Bush is an American politician who served as the 43rd President of the United States, from 2001 to 2009. Before that, he was the 46th Governor of Texas, having served from 1995 to 2000....	Henry Paulson Henry Paulson Henry Merritt "Hank" Paulson, Jr. is an American banker who served as the 74th United States Secretary of the Treasury. He previously served as the Chairman and Chief Executive Officer of Goldman Sachs.-Early life and family:...
Jeffrey A. Goldstein Jeffrey A. Goldstein Jeffrey A. Goldstein is a United States banker who has been Under Secretary of the Treasury for Domestic Finance since March 27, 2010.-Biography:...	March 27, 2010	Present	Barack Obama Barack Obama Barack Hussein Obama II is the 44th and current President of the United States. He is the first African American to hold the office. Obama previously served as a United States Senator from Illinois, from January 2005 until he resigned following his victory in the 2008 presidential election.Born in...	Timothy Geithner

The most recent Senate-confirmed Under Secretary was Robert K. Steel

Robert K. Steel

Robert King "Bob" Steel is an American business leader and an expert on financial institutions and markets. In June 2010, he was named Deputy Mayor for Economic Development by New York City Mayor Michael Bloomberg...

, who resigned in July, 2008 to become Wachovia Bank CEO.