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 Deputy Secretary plays a
primary role in the formulation and execution of Treasury policies
and programs in all aspects of the Department's activities.
In addition, the Deputy Secretary is the only official other than
the Secretary than can sign a
Treasury
Order, which is a document that delegates authority residing in
the Secretary or Deputy Secretary to another Treasury official,
establishes Treasury policy, and establishes the reporting
relationships and supervision of officials.Former Deputy
Secretaries include
Roger Altman,
Lawrence Summers,
Stuart E. Eizenstat,
Kenneth W. Dam,
and
Samuel W. Bodman.
The office of Deputy Secretary is the successor of the "Under
Secretary of the Treasury", the former chief deputy to the
Secretary. Today, several officials hold the title of "Under
Secretary" of the Treasury. Among those who served as Under
Secretary when it was the number-two position in the department
include
Dean Acheson,
Henry Morgenthau, Jr., and
O. Max Gardner
(1946–47).
Neal S. Wolin was announced as President Obama's
nominee for Deputy Secretary on March 23, 2009.
References