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The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy.
In 1861, Sophia Holmes became the first Black woman to be employed by the Treasury Department and by the Federal government of the United States when Senator Henry Wilson, James G. Blaine and others advocated for her hiring as a janitor under Secretary of the Treasury Francis Spinner. She was paid fifteen dollars per month.
Tillerson was first recommended to Trump for the secretary of state role by Condoleezza Rice, during her meeting with Trump in late November. [113] Rice's recommendation of Tillerson to Trump was backed up by Robert Gates three days later. [113] Tillerson's confirmation hearing with the Foreign Relations committee was held on January 11, 2017.
The treasury secretary is a high-level Cabinet position charged with advising the president on matters related to financial, economic and tax policy. ... he played a central role in the ...
The treasury secretary is responsible for serving as the president’s fiscal policy adviser and managing the public debt. He would also be a member of the president’s National Economic Council.
As Treasury secretary, Bessent will essentially be the highest-ranking U.S. economic official, responsible for maintaining the plumbing of the world's largest economy, from collecting taxes and ...
Janet Louise Yellen (born August 13, 1946) is an American economist who served as the 78th United States secretary of the treasury from 2021 to 2025. She also served as chair of the Federal Reserve from 2014 to 2018.
WEST PALM BEACH, Florida, SAN FRANCISCO (Reuters) -Prominent investor Scott Bessent met with Donald Trump on Friday as he and fellow investor John Paulson emerge as leading candidates for the key ...