Wayne A. Abernathy
Encyclopedia
Wayne A. Abernathy is a United States
economist
and congressional staffer who served as Assistant Secretary of the Treasury for Financial Institutions
from 2002 to 2005.
, receiving a bachelor's degree
in International Studies
in 1978, and a master's degree
in International Studies in 1980.
From 1981 to 1986, Abernathy worked as an economist
with the United States Senate Committee on Banking, Housing, and Urban Affairs
's Subcommittee on International Finance & Monetary Policy. From 1987 to 1989, he was a senior legislative assistant of Sen.
Phil Gramm
(R
–Tex.). He was economist for the Senate Committee on Banking, Housing, and Urban Affairs from 1989 to 1994. From 1995 to 1998, he was the Staff Director of the Committee's Subcommittee on Securities. He then served as the full Committee's Staff Director from 1999 to 2002.
In 2002, President of the United States
George W. Bush
nominated Abernathy to be Assistant Secretary of the Treasury for Financial Institutions
and Abernathy subsequently held this office until 2005.
Upon leaving government service in 2005, Abernathy joined the American Bankers Association
as Executive Vice President for Financial Institutions Policy and Regulatory Affairs.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
economist
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...
and congressional staffer who served as 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...
from 2002 to 2005.
Biography
Wayne A. Abernathy was educated at the Johns Hopkins UniversityJohns Hopkins University
The Johns Hopkins University, commonly referred to as Johns Hopkins, JHU, or simply Hopkins, is a private research university based in Baltimore, Maryland, United States...
, receiving a bachelor's degree
Bachelor's degree
A bachelor's degree is usually an academic degree awarded for an undergraduate course or major that generally lasts for three or four years, but can range anywhere from two to six years depending on the region of the world...
in International Studies
International studies
International Studies generally refers to the specific University Degrees and courses which are concerned with the study of ‘the major political, economic, social, cultural and sacral issues that dominate the international agenda’...
in 1978, and a master's degree
Master's degree
A master's is an academic degree granted to individuals who have undergone study demonstrating a mastery or high-order overview of a specific field of study or area of professional practice...
in International Studies in 1980.
From 1981 to 1986, Abernathy worked as an economist
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...
with the United States Senate Committee on Banking, Housing, and Urban Affairs
United States Senate Committee on Banking, Housing, and Urban Affairs
The United States Senate Committee on Banking, Housing, and Urban Affairs has jurisdiction over matters related to: banks and banking, price controls, deposit insurance, export promotion and controls, federal monetary policy, financial aid to commerce and industry, issuance of redemption of notes,...
's Subcommittee on International Finance & Monetary Policy. From 1987 to 1989, he was a senior legislative assistant of Sen.
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...
Phil Gramm
Phil Gramm
William Philip "Phil" Gramm is an American economist and politician, who has served as a Democratic Congressman , a Republican Congressman and a Republican Senator from Texas...
(R
Republican Party (United States)
The Republican Party is one of the two major contemporary political parties in the United States, along with the Democratic Party. Founded by anti-slavery expansion activists in 1854, it is often called the GOP . The party's platform generally reflects American conservatism in the U.S...
–Tex.). He was economist for the Senate Committee on Banking, Housing, and Urban Affairs from 1989 to 1994. From 1995 to 1998, he was the Staff Director of the Committee's Subcommittee on Securities. He then served as the full Committee's Staff Director from 1999 to 2002.
In 2002, President of the United States
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....
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....
nominated Abernathy to be 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...
and Abernathy subsequently held this office until 2005.
Upon leaving government service in 2005, Abernathy joined the American Bankers Association
American Bankers Association
The American Bankers Association is an industry trade group and professional association representing the United States' banking industry...
as Executive Vice President for Financial Institutions Policy and Regulatory Affairs.