Assistant Secretary of the Treasury for International Finance and Development

The Deputy Under Secretary / Designated Assistant Secretary of the Treasury for International Finance is a senior position within the United States Department of the Treasury responsible for advising the Secretary of the Treasury on matters of international finance and economic coordination, and overseeing U.S. participation in international financial institutions.^[2] The Assistant Secretary is appointed by the President and confirmed by the Senate. The office is currently held by Brent Neiman.

Assistant Secretary of the Treasury for International Finance and Development
Flag of an Assistant Secretary of the Treasury
Incumbent Lailee Moghtader (Acting) since January 20, 2025
Department of the Treasury
Style	The Honorable
Reports to	Under Secretary of the Treasury for International Affairs
Nominator	President of the United States
Formation	1977
Salary	$155,500 (2010)[1]
Website	Official website

Overview

The Assistant Secretary is in charge of the Office of International Finance and Development, one of two principal components of the Office of International Affairs within the U.S. Department of the Treasury. He or she oversees seven deputies each with their own Deputy Assistant Secretary, over a dozen offices, and more than 100 personnel.^[3] Occupants also hold the rank of Deputy Under Secretary / Designated Assistant Secretary.^[4]

Structure

The Deputy Under Secretary / Designated Assistant Secretary reports to the Under Secretary for International Finance and oversees work by the following senior officials:

• Deputy Assistant Secretary for International Monetary Policy
• Deputy Assistant Secretary for International Debt and Development
• Deputy Assistant Secretary for International Economic Analysis
• Deputy Assistant Secretary for Technical Assistance
• Deputy Assistant Secretary for Africa and the Middle East
• Deputy Assistant Secretary for Asia
• Deputy Assistant Secretary for Europe and Eurasia
• Deputy Assistant Secretary for the Western Hemisphere

Duties

The Assistant Secretary leads the development and implementation of policies in the areas of international finance, economic development, bilateral and regional economic engagement, and international debt. The Assistant Secretary also oversees G-7 and G-20 coordination, currency policy, and serves as an economic emissary to foreign governments. It also leads the development of policies on U.S. participation in the International Monetary Fund, the World Bank, and the other multilateral development banks (including the Inter-American Development Bank, the African Development Bank, the Asian Development Bank, and the European Bank for Reconstruction and Development).^[5]

List of Assistant Secretaries for International Finance, 1977—present

Name	Assumed office	Left office	President served under
C. Fred Bergsten	1977	1981	Jimmy Carter
Marc E. Leland	1981	1984	Ronald Reagan
David C. Mulford	1984	1987	Ronald Reagan
Hollis S. McLoughlin	1987	1989	Ronald Reagan and George H. W. Bush
Charles H. Dallara	1989	1991	George H. W. Bush
Olin L. Wethington	1991	1993	George H. W. Bush
Jeffrey Richard Shafer	1993	1995	Bill Clinton
David A. Lipton	1995	1997	Bill Clinton
Timothy Geithner	1997	July 3, 1998	Bill Clinton
Edwin M. Truman	1999	2001	Bill Clinton
Randal Quarles	April 2001	August 8, 2005	George W. Bush
Clay Lowery	2005	2009	George W. Bush
Charles Collyns	2010	2013	Barack Obama
Ramin Toloui	2014	January 20, 2017	Barack Obama
Geoffrey Okamoto (acting)	July 2018	March 19, 2020	Donald Trump
Brent Neiman	March 15, 2023	January 20, 2025	Joe Biden
Lailee Moghtader (Acting)	January 20, 2025	Incumbent	Donald Trump

See also

• Assistant Secretary of the Treasury